BMO Capital Markets Cuts Vermilion Energy (TSE:VET) Price Target to C$20.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target cut by research analysts at BMO Capital Markets from C$21.00 to C$20.00 in a note issued to investors on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 29.20% from the stock’s previous close.

VET has been the topic of several other reports. Royal Bank of Canada increased their price target on shares of Vermilion Energy from C$20.00 to C$21.00 in a research report 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 report on Friday, March 8th. Desjardins boosted their price target on Vermilion Energy from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd. Canaccord Genuity Group raised their price objective on Vermilion Energy from C$20.00 to C$20.50 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Finally, National Bankshares lifted their target price on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Friday, April 19th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$21.63.

Vermilion Energy Stock Performance

Shares of VET traded up C$0.23 during trading hours on Wednesday, hitting C$15.48. The stock had a trading volume of 694,381 shares, compared to its average volume of 762,564. The firm has a market capitalization of C$2.48 billion, a PE ratio of -4.10, a PEG ratio of -0.02 and a beta of 2.73. The company has a debt-to-equity ratio of 32.96, a current ratio of 1.15 and a quick ratio of 0.40. Vermilion Energy has a 12 month low of C$13.30 and a 12 month high of C$21.60. The stock has a fifty day moving average price of C$16.00 and a 200 day moving average price of C$15.74.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.08 by C($1.07). Vermilion Energy had a negative net margin of 34.11% and a negative return on equity of 18.21%. The firm had revenue of C$508.04 million for the quarter. Analysts anticipate that Vermilion Energy will post 1.6180556 EPS for the current year.

Insider Buying and Selling at Vermilion Energy

In other news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of C$16.37, for a total value of C$491,100.00. In other news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of C$16.37, for a total value of C$491,100.00. Also, Director Myron Maurice Stadnyk bought 5,000 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was bought at an average price of C$16.45 per share, with a total value of C$82,245.00. 0.15% of the stock is owned by company insiders.

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.