Vermilion Energy (TSE:VET) Price Target Raised to C$19.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective boosted by stock analysts at National Bankshares from C$18.00 to C$19.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 37.58% from the stock’s previous close.

Other analysts have also issued research reports about the company. ATB Capital lowered their price target on 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. TD Securities dropped their price target on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. Canaccord Genuity Group dropped their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, Royal Bank of Canada reduced their price target on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a report on Monday, December 30th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Vermilion Energy currently has an average rating of “Moderate Buy” and an average price target of C$17.94.

Vermilion Energy Price Performance

Shares of TSE:VET remained flat at C$13.81 during trading hours on Thursday. The company’s stock had a trading volume of 82,575 shares, compared to its average volume of 534,579. The firm has a market cap of C$2.15 billion, a price-to-earnings ratio of -2.70, a P/E/G ratio of -0.02 and a beta of 2.60. The firm has a 50-day simple moving average of C$13.95 and a two-hundred day simple moving average of C$13.79. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63.

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

Insider Buying and Selling

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction on Friday, December 27th. The stock was bought at an average price of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is owned by company 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.