National Bankshares Issues Positive Forecast for Vermilion Energy (TSE:VET) Stock Price

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET had its price objective lifted by investment analysts at National Bankshares from C$17.50 to C$18.00 in a research note issued on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective would indicate a potential upside of 38.46% from the company's previous close.

A number of other research analysts also recently issued reports on the stock. TD Securities cut their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating on the stock in a research report on Friday, December 20th. Royal Bank of Canada reduced their price target on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. BMO Capital Markets cut Vermilion Energy from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from C$20.00 to C$16.00 in a research report on Friday, October 4th. Canaccord Genuity Group reduced their target price on Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Vermilion Energy presently has an average rating of "Moderate Buy" and an average price target of C$18.77.

Vermilion Energy Stock Up 1.1 %

Shares of VET traded up C$0.14 during mid-day trading on Monday, hitting C$13.00. The company's stock had a trading volume of 1,603,499 shares, compared to its average volume of 787,782. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. The company's 50-day moving average is C$13.60 and its 200-day moving average is C$13.94. Vermilion Energy has a 52-week low of C$11.84 and a 52-week high of C$17.56. The firm has a market capitalization of C$2.03 billion, a price-to-earnings ratio of -2.54, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last posted its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing analysts' consensus estimates of C$0.45 by C($0.12). 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$490.10 million for the quarter, compared to analysts' expectations of C$497.45 million. On average, equities research analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the company's stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is currently owned by corporate insiders.

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.