BMO Capital Markets Issues Pessimistic Forecast for Vermilion Energy (TSE:VET) Stock Price

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective trimmed by BMO Capital Markets from C$16.00 to C$14.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

A number of other analysts have also recently weighed in on the stock. TD Securities lowered 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 note on Friday, December 20th. ATB Capital lowered their price objective on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Royal Bank of Canada dropped their target price on 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. National Bankshares boosted their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. Finally, Atb Cap Markets lowered Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Vermilion Energy currently has an average rating of “Moderate Buy” and an average price target of C$17.72.

Vermilion Energy Stock Down 1.8 %

VET opened at C$10.70 on Thursday. The company has a market capitalization of C$1.66 billion, a P/E ratio of -2.01, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The firm’s fifty day moving average price is C$13.45 and its two-hundred day moving average price is C$13.50. Vermilion Energy has a fifty-two week low of C$10.18 and a fifty-two week high of C$17.56.

Insiders Place Their Bets

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the stock in a transaction on Friday, December 27th. The stock was purchased at an average price of C$12.92 per share, for a total transaction of C$64,600.00. Insiders own 0.16% of the company’s stock.

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.