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TD Securities Keeps Their Buy Rating on Seven Generations A (VII)


Wall Street analyst has provided a review for the Materials company on October 10, but retained the same rating on the stock. Analyst Aaron Bilkoski from TD Securities rated Seven Generations A (TSX: VII) a Buy on October 10, setting a C$18 price target.

According to TipRanks.com, Bilkoski has currently no stars on a ranking scale of 0-5 stars, with an average return of -9.8% and a 34.8% success rate. Bilkoski covers the Basic Materials sector, focusing on stocks such as BlackPearl Resources Inc, Freehold Royalties Ltd, and Pengrowth Energy Corp.

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Currently, the analyst consensus on Seven Generations A is a Strong Buy with an average price target of C$20.63.

Based on Seven Generations A’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$24.6 million. In comparison, last year the company earned revenue of C$515 million and had a net profit of C$85.7 million.

Seven Generations Energy Ltd. is an independent energy company. It engages in the development and exploration of oil and gas resources. The company is focused on developing non-conventional resource plays including shale gas, tight gas, tight oil, and oil sands in Canada and the United States.

The company’s shares closed on Thursday at C$15.28.