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Yangarra Resources (YGR) Receives a Buy from TD Securities


Yangarra Resources (YGR), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Sean Keaney from TD Securities rated Yangarra Resources (YGR) a Buy, setting a C$7 price target.

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Currently, the analyst consensus on Yangarra Resources is a Moderate Buy with an average price target of C$7.63, an 111.9% upside from current levels. In a report released today, Canaccord Genuity also upgraded the stock to Buy with a C$7 price target.

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The company has a one-year high of C$6.50 and a one-year low of C$3.46. Currently, Yangarra Resources has an average volume of 277.1K.

Yangarra Resources Ltd. is a junior oil and gas company. It engages in the exploration, development, and production of oil and natural gas. The company was founded in 1985 and is headquartered in Calgary, Canada.

The company’s shares closed on Thursday at C$3.60, close to its 52-week low of C$3.46.