Vermilion Energy (TSE:VET) PT Lowered to C$19.00 at Canaccord Genuity Group

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET had its price target cut by research analysts at Canaccord Genuity Group from C$20.00 to C$19.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. Canaccord Genuity Group's price objective suggests a potential upside of 41.37% from the company's current price.

A number of other research firms also recently issued reports on VET. JPMorgan Chase & Co. dropped their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. National Bankshares cut their price objective on Vermilion Energy from C$23.00 to C$17.00 in a report on Friday, September 27th. Royal Bank of Canada decreased their price objective on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. TD Securities cut their target price on Vermilion Energy from C$20.00 to C$18.00 in a research note on Tuesday, October 1st. Finally, Desjardins reduced their price target on shares of Vermilion Energy from C$21.00 to C$20.00 and set a "buy" rating on the stock in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Vermilion Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of C$19.36.

Vermilion Energy Price Performance

TSE VET traded up C$0.01 during trading on Tuesday, reaching C$13.44. The company's stock had a trading volume of 447,564 shares, compared to its average volume of 774,272. The firm has a fifty day moving average of C$13.43 and a 200 day moving average of C$14.91. Vermilion Energy has a one year low of C$11.87 and a one year high of C$20.75. The stock has a market capitalization of C$2.10 billion, a PE ratio of -2.64, a P/E/G ratio of -0.02 and a beta of 2.60. 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 posted its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing the consensus estimate of C$0.43 by C($0.95). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The company had revenue of C$478.93 million during the quarter, compared to the consensus estimate of C$514.63 million. Analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Insider Buying and Selling at Vermilion Energy

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the business's stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average cost of C$13.54 per share, with a total value of C$67,700.00. 0.16% of the stock is owned by company insiders.

About Vermilion Energy

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.