Vermilion Energy (TSE:VET) PT Raised to C$20.50

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price upped by equities researchers at Canaccord Genuity Group from C$20.00 to C$20.50 in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 26.70% from the company’s previous close.

VET has been the topic of a number of other reports. JPMorgan Chase & Co. cut their price target on shares of Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research report on Friday, March 8th. TD Securities raised shares of Vermilion Energy from a “hold” rating to a “buy” rating and raised their price target for the stock from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. CIBC decreased their target price on shares of Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating for the company in a research note on Tuesday, January 16th. National Bankshares raised their target price on shares of Vermilion Energy from C$20.00 to C$21.00 in a research note on Thursday, March 7th. Finally, ATB Capital reduced their price objective on shares of Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating for the company in a research report on Thursday, January 18th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.54.

Vermilion Energy Stock Down 0.4 %

Shares of TSE:VET opened at C$16.18 on Wednesday. The firm has a market cap of C$2.63 billion, a P/E ratio of -11.16, a P/E/G ratio of -0.02 and a beta of 2.71. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 31.93. Vermilion Energy has a 12 month low of C$13.30 and a 12 month high of C$21.60. The company’s 50-day moving average price is C$15.74 and its two-hundred day moving average price is C$16.59.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, March 6th. The company reported C$1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.71 by C$0.59. The company had revenue of C$522.97 million for the quarter, compared to analyst estimates of C$593.34 million. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. As a group, research analysts forecast that Vermilion Energy will post 1.8666667 EPS for the current fiscal year.

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. Also, Director Myron Maurice Stadnyk purchased 3,000 shares of Vermilion Energy stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of C$16.10 per share, for a total transaction of C$48,300.00. 0.15% of the stock is owned by insiders.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.