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Vermilion Energy (TSE:VET) Lowered to "Hold" Rating by Atb Cap Markets

Vermilion Energy logo with Energy background

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET was downgraded by stock analysts at Atb Cap Markets from a "strong-buy" rating to a "hold" rating in a report released on Thursday,Zacks.com reports.

Several other equities analysts have also recently issued reports on VET. Canaccord Genuity Group decreased their price objective on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. National Bankshares boosted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. TD Securities decreased their price objective on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a report on Friday, December 20th. 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, ATB Capital reduced their price target on Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating for the company in a report on Monday, December 30th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$17.94.

View Our Latest Analysis on Vermilion Energy

Vermilion Energy Stock Performance

Vermilion Energy stock traded up C$0.12 during trading hours on Thursday, hitting C$13.02. 542,276 shares of the stock traded hands, compared to its average volume of 572,040. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The firm's 50 day moving average price is C$13.64 and its 200-day moving average price is C$13.61. The stock has a market capitalization of C$2.02 billion, a price-to-earnings ratio of -2.45, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 1 year low of C$11.84 and a 1 year high of C$17.56.

Insiders Place Their Bets

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the business's stock in a transaction on Friday, December 27th. The stock was bought at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by company insiders.

About Vermilion Energy

(Get Free Report)

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.

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