Brokerages Set Vermilion Energy Inc. (TSE:VET) Price Target at C$17.94

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been given a consensus rating of “Moderate Buy” by the ten brokerages that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$17.94.

Several research firms have commented on VET. Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. ATB Capital decreased their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research report on Monday, December 30th. National Bankshares lifted their price target on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Royal Bank of Canada decreased their price objective on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a report on Monday, December 30th. Finally, TD Securities reduced their target price on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research report on Friday, December 20th.

Vermilion Energy Trading Down 3.4 %

VET opened at C$12.69 on Wednesday. Vermilion Energy has a 12 month low of C$11.84 and a 12 month high of C$17.56. The stock has a fifty day moving average price of C$13.61 and a 200-day moving average price of C$13.59. The firm has a market cap of C$1.97 billion, a price-to-earnings ratio of -2.39, a PEG ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of Vermilion Energy stock in a transaction that occurred on Friday, December 27th. The stock was purchased at an average price of C$12.92 per share, with a total value of C$64,600.00. Company insiders own 0.16% of the company’s stock.

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.