TD Securities Cuts Vermilion Energy (TSE:VET) Price Target to C$12.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target dropped by analysts at TD Securities from C$14.00 to C$12.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 34.23% from the stock’s previous close.

Other analysts also recently issued reports about the stock. Royal Bank of Canada upped their price objective on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday. Desjardins lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from C$19.00 to C$14.00 in a report on Wednesday, March 19th. CIBC reduced their price objective on Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. JPMorgan Chase & Co. raised their target price on Vermilion Energy from C$10.00 to C$11.00 in a report on Wednesday, April 23rd. Finally, Atb Cap Markets downgraded Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$15.17.

Vermilion Energy Trading Up 2.4 %

Vermilion Energy stock opened at C$8.94 on Thursday. Vermilion Energy has a 52 week low of C$7.29 and a 52 week high of C$17.15. The stock has a 50-day moving average price of C$9.85 and a 200 day moving average price of C$12.28. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The company has a market capitalization of C$1.38 billion, a price-to-earnings ratio of -1.68, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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.