Vermilion Energy (TSE:VET) Price Target Cut to C$14.00 by Analysts at BMO Capital Markets

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target trimmed by BMO Capital Markets from C$16.00 to C$14.00 in a research report report published on Thursday morning,BayStreet.CA reports.

Several other brokerages have also commented on VET. Royal Bank of Canada dropped their price target on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Monday, December 30th. ATB Capital decreased their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a report on Monday, December 30th. National Bankshares raised their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Atb Cap Markets downgraded Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Finally, TD Securities cut their price objective on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Vermilion Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of C$17.72.

Vermilion Energy Trading Down 1.8 %

Shares of TSE VET opened at C$10.70 on Thursday. The business has a 50 day simple moving average of C$13.45 and a 200 day simple moving average of C$13.50. Vermilion Energy has a 52 week low of C$10.18 and a 52 week high of C$17.56. The stock has a market cap of C$1.66 billion, a price-to-earnings ratio of -2.01, a PEG ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25.

Insider Activity at Vermilion Energy

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was purchased at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by corporate insiders.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.