Vermilion Energy (TSE:VET) Given New C$14.00 Price Target at BMO Capital Markets

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET had its target price cut by equities research analysts at BMO Capital Markets from C$16.00 to C$14.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. BMO Capital Markets' target price indicates a potential upside of 32.33% from the stock's previous close.

Several other analysts have also issued reports on the company. ATB Capital cut their target price on Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating for the company in a research note on Monday, December 30th. National Bankshares upped their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a research note on Thursday, January 30th. Atb Cap Markets lowered Vermilion Energy from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 13th. TD Securities cut their target price on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a research note on Friday, December 20th. Finally, Royal Bank of Canada cut their target price on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a research note on Monday, December 30th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$17.72.

Remove Ads

Vermilion Energy Price Performance

VET traded down C$0.27 during midday trading on Thursday, hitting C$10.58. The stock had a trading volume of 993,406 shares, compared to its average volume of 681,043. The company has a market cap of C$1.64 billion, a P/E ratio of -1.99, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business has a fifty day moving average of C$13.31 and a 200 day moving average of C$13.43. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. Vermilion Energy has a 1 year low of C$10.18 and a 1 year high of C$17.56.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the company's stock in a transaction that occurred on Friday, December 27th. The stock was bought 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.