Vermilion Energy (TSE:VET) PT Raised to C$22.00 at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target hoisted by analysts at National Bankshares from C$21.00 to C$22.00 in a note issued to investors on Friday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 33.82% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. CIBC decreased their target price on shares of Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 16th. ATB Capital decreased their price target on Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a report on Thursday, January 18th. Royal Bank of Canada upped their price objective on Vermilion Energy from C$20.00 to C$21.00 in a research note on Tuesday, April 9th. JPMorgan Chase & Co. decreased their target price on Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research note on Friday, March 8th. Finally, Desjardins cut their price objective on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a report on Friday, March 22nd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.63.

Vermilion Energy Stock Performance

TSE:VET traded up C$0.26 on Friday, hitting C$16.44. The stock had a trading volume of 373,040 shares, compared to its average volume of 769,595. The business’s 50-day simple moving average is C$15.74 and its two-hundred day simple moving average is C$16.59. The stock has a market cap of C$2.67 billion, a price-to-earnings ratio of -11.34, a price-to-earnings-growth ratio of -0.02 and a beta of 2.71. Vermilion Energy has a 52-week low of C$13.30 and a 52-week high of C$21.60. 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 (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, March 6th. The company reported C$1.30 earnings per share 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 the consensus estimate of C$593.34 million. Vermilion Energy had a negative return on equity of 7.39% and a negative net margin of 12.98%. As a group, research analysts predict that Vermilion Energy will post 1.8666667 earnings per share for the current year.

Insider Activity

In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the stock in a transaction on 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 news, Director Robert B. Michaleski bought 10,000 shares of the stock in a transaction on Monday, March 11th. The stock was bought at an average cost of C$14.94 per share, for a total transaction of C$149,400.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total value of C$825,000.00. Insiders own 0.15% of the company’s stock.

Vermilion Energy Company Profile

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.