Vermilion Energy (TSE:VET) Stock Price Target Raised at National Bank Financial

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective upped by analysts at National Bank Financial from C$27.00 to C$28.00 in a research report issued on Tuesday, BayStreet reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 48.46% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. TD Securities raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. TD boosted their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Desjardins set a C$16.00 target price on shares of Vermilion Energy and gave the company a “hold” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$19.88.

Vermilion Energy Trading Down 1.6%

VET stock traded down C$0.31 during trading on Tuesday, hitting C$18.86. The company had a trading volume of 1,025,104 shares, compared to its average volume of 1,205,976. The stock has a market cap of C$2.88 billion, a PE ratio of -6.50, a PEG ratio of -0.02 and a beta of 0.38. The business has a 50-day moving average of C$17.25 and a 200-day moving average of C$16.29. The company has a current ratio of 1.00, a quick ratio of 0.40 and a debt-to-equity ratio of 62.68. Vermilion Energy has a one year low of C$10.07 and a one year high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 earnings per share (EPS) for the quarter. The firm had revenue of C$563.07 million during the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. Research analysts predict that Vermilion Energy will post 1.40 earnings per share for the current fiscal year.

About Vermilion Energy

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.