Desjardins Thinks Seven Generations A’s Stock is Going to Recover

By Austin Angelo

Seven Generations A (TSX: VII), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Justin Bouchard from Desjardins remains bullish on the stock and has a C$23 price target.

According to, Bouchard is ranked #4246 out of 4743 analysts.

Seven Generations A has an analyst consensus of Strong Buy, with a price target consensus of C$23.80.

Based on Seven Generations A’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of C$515 million and quarterly net profit of C$85.7 million. In comparison, last year the company earned revenue of C$398 million and had a GAAP net loss of C$105 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 Friday at C$17.88, close to its 52-week low of C$16.06.