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

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

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

Vermilion Energy Trading Up 2.8 %

TSE:VET traded up C$0.36 during mid-day trading on Tuesday, reaching C$13.13. 758,465 shares of the company’s stock traded hands, 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 company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The company has a 50 day moving average price of C$13.65 and a 200-day moving average price of C$14.03. The firm has a market capitalization of C$2.05 billion, a price-to-earnings ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60.

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

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.