ATB Capital Boosts Vermilion Energy (TSE:VET) Price Target to C$16.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price raised by research analysts at ATB Capital from C$14.00 to C$16.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. ATB Capital’s price target would suggest a potential upside of 30.19% from the stock’s current price.

Several other equities analysts have also commented on VET. Scotiabank upped their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. BMO Capital Markets lifted their price objective on Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research note on Thursday. Desjardins boosted their price objective on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a report on Monday, November 24th. TD Securities lifted their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday. Finally, National Bankshares reduced their price target on shares of Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$14.00.

Vermilion Energy Trading Down 1.6%

TSE:VET traded down C$0.20 during trading hours on Thursday, hitting C$12.29. The company had a trading volume of 828,330 shares, compared to its average volume of 824,531. The company has a 50-day moving average of C$11.56 and a 200 day moving average of C$10.87. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The company has a market cap of C$1.89 billion, a P/E ratio of -8.09, a P/E/G ratio of -0.02 and a beta of 0.82. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.11.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share for the quarter. The business had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. Sell-side analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current year.

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.