ATB Capital Lowers Vermilion Energy (TSE:VET) Price Target to C$17.50

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET had its price objective reduced by equities researchers at ATB Capital from C$20.00 to C$17.50 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. ATB Capital's price target would indicate a potential upside of 33.28% from the stock's current price.

VET has been the topic of a number of other research reports. Canaccord Genuity Group cut their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. National Bankshares upped their target price on Vermilion Energy from C$17.50 to C$18.00 and gave the stock an "outperform" rating in a research report on Tuesday. BMO Capital Markets downgraded Vermilion Energy from an "outperform" rating to a "market perform" rating and dropped their target price for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. TD Securities decreased their price target on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a report on Friday. Finally, Royal Bank of Canada reduced their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$18.86.

Vermilion Energy Trading Up 2.8 %

VET stock traded up C$0.36 on Tuesday, hitting C$13.13. 758,465 shares of the company were exchanged, compared to its average volume of 784,095. The stock has a market capitalization of C$2.05 billion, a price-to-earnings ratio of -2.57, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business's fifty day moving average is C$13.63 and its two-hundred day moving average is C$14.02. Vermilion Energy has a twelve month low of C$11.84 and a twelve month high of C$17.56. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The firm had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. As a group, research analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

About Vermilion Energy

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.