Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) had its price target lifted by stock analysts at Raymond James from C$24.00 to C$26.00 in a note issued to investors on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Raymond James’ price objective suggests a potential upside of 27.89% from the stock’s previous close.
A number of other equities research analysts have also recently commented on VET. Canaccord Genuity Group set a C$24.50 target price on Vermilion Energy and gave the stock a “buy” rating in a research note on Friday, July 21st. Royal Bank of Canada lowered their price objective on shares of Vermilion Energy from C$24.00 to C$22.00 in a research report on Wednesday, July 12th. Stifel Nicolaus reduced their target price on shares of Vermilion Energy from C$31.00 to C$29.00 in a research report on Friday, July 14th. Finally, Desjardins cut shares of Vermilion Energy from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$27.50 to C$22.00 in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Vermilion Energy presently has a consensus rating of “Hold” and a consensus price target of C$25.42.
Read Our Latest Stock Report on VET
Vermilion Energy Stock Performance
Shares of Vermilion Energy stock traded up C$0.38 during mid-day trading on Friday, hitting C$20.33. 460,950 shares of the stock were exchanged, compared to its average volume of 1,107,512. Vermilion Energy has a 12 month low of C$14.55 and a 12 month high of C$34.31. The company has a 50-day simple moving average of C$18.47 and a 200 day simple moving average of C$17.51. The company has a market capitalization of C$3.36 billion, a P/E ratio of 2.42, a P/E/G ratio of -0.02 and a beta of 2.92. The company has a debt-to-equity ratio of 24.97, a quick ratio of 0.40 and a current ratio of 0.85.
Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported C$0.76 EPS for the quarter, beating analysts’ consensus estimates of C$0.32 by C$0.44. Vermilion Energy had a return on equity of 36.12% and a net margin of 41.79%. The company had revenue of C$471.36 million during the quarter. Sell-side analysts anticipate that Vermilion Energy will post 3.5814361 earnings per share for the current fiscal year.
Insider Buying and Selling at Vermilion Energy
In related news, Director Myron Maurice Stadnyk acquired 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 14th. The shares were acquired at an average price of C$15.68 per share, with a total value of C$62,720.00. Insiders own 0.15% of the company’s stock.
About Vermilion Energy
(Get Free Report)
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 82% working interest in 796,648 net acres of developed land and 85% working interest in 384,237 net acres of undeveloped land in Canada; 149,043 net acres of land in the Powder River basin in the United States; 96% working interest in 258,125 net acres of developed land and 100% working interest in 106,993 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 1,604,206 net acres of land in the Netherlands; 107,351 net developed acres and 1,549,929 net undeveloped acres in Germany; 975,374 net acres land in Croatia; 614,625 net acres land in Hungary; and 97,907 net acres land in Slovakia.
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