Vermilion Energy (TSE:VET) Price Target Raised to C$18.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective boosted by equities research analysts at National Bankshares from C$17.50 to C$18.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 37.09% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada lowered their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their target price for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. Canaccord Genuity Group dropped their price target on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. reduced their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, TD Securities dropped their target price on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$18.86.

Vermilion Energy Stock Up 2.8 %

Shares of TSE:VET traded up C$0.36 during midday trading on Tuesday, hitting C$13.13. The stock had a trading volume of 758,465 shares, compared to its average volume of 784,095. Vermilion Energy has a 12 month low of C$11.84 and a 12 month high of C$17.56. The business’s 50-day simple moving average is C$13.65 and its 200-day simple moving average is C$14.03. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The company has a market cap of C$2.05 billion, a P/E ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The business had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. On average, sell-side analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Company Profile

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.