Vermilion Energy (NYSE:VET) (TSE:VET) was downgraded by stock analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Tuesday, The Fly reports.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research upgraded Vermilion Energy from a “strong sell” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Friday. ValuEngine upgraded Vermilion Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, April 11th. Finally, JPMorgan Chase started coverage on Vermilion Energy in a research report on Monday, February 12th. They set an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $47.50.

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NYSE:VET opened at $34.02 on Tuesday. Vermilion Energy has a 52 week low of $29.91 and a 52 week high of $40.59. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.67 and a current ratio of 0.72. The stock has a market cap of $4,280.23, a PE ratio of 66.71 and a beta of 0.70.

Vermilion Energy (NYSE:VET) (TSE:VET) last posted its earnings results on Thursday, March 1st. The oil and gas company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.12). Vermilion Energy had a net margin of 5.32% and a return on equity of 4.92%. The business had revenue of $249.88 million for the quarter, compared to analyst estimates of $244.23 million. analysts expect that Vermilion Energy will post 1.08 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of VET. Icon Wealth Partners LLC purchased a new position in Vermilion Energy in the 4th quarter valued at about $127,000. American International Group Inc. purchased a new position in Vermilion Energy in the 4th quarter valued at about $204,000. Koch Industries Inc. purchased a new position in Vermilion Energy in the 4th quarter valued at about $262,000. HPM Partners LLC purchased a new position in Vermilion Energy in the 4th quarter valued at about $283,000. Finally, Sterling Capital Management LLC lifted its stake in Vermilion Energy by 50.7% in the 3rd quarter. Sterling Capital Management LLC now owns 10,400 shares of the oil and gas company’s stock valued at $370,000 after buying an additional 3,500 shares in the last quarter. 55.66% of the stock is currently owned by hedge funds and other institutional investors.

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Vermilion Energy Company Profile

Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.

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