May 5, 2017 / 3:23 PM / 7 months ago

BUZZ-Seven Generations Energy: Hits 2-1/2 month high on profit beat

** Natural gas company’s shares rise as much as 7 pct to C$25.85, its highest in 2-1/2 months

** Company’s profit beats estimates on Thursday due to improved commodity prices and higher-than-expected production growth

** This is the first time the company’s bottom line has topped estimates in 4 quarters

** Credit Suisse assumes coverage with an “outperform” rating, C$32 price target

** 15 brokerages rate the stock “buy” or higher; Median PT $35

** Up to Thursday’s close, stock had lost about a fifth of its value so far this year

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