BMO Capital Markets Trims Vermilion Energy Inc (VET) Target Price to C$48.00
Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price objective dropped by analysts at BMO Capital Markets from C$50.00 to C$48.00 in a report issued on Thursday. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective points to a potential upside of 15.69% from the stock’s current price.
VET has been the subject of a number of other research reports. Scotiabank restated an “outperform” rating and set a C$62.50 price objective on shares of Vermilion Energy in a research report on Monday, May 1st. Barclays PLC cut their price objective on Vermilion Energy from C$66.00 to C$64.00 in a research report on Monday, April 24th. TD Securities restated a “buy” rating and set a C$60.00 price objective on shares of Vermilion Energy in a research report on Tuesday, April 11th. National Bank Financial cut their price objective on Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a C$56.00 price objective on shares of Vermilion Energy in a research report on Monday, April 10th. Eight research analysts have rated the stock with a buy rating, Vermilion Energy has an average rating of “Buy” and a consensus target price of C$55.50.
Shares of Vermilion Energy (VET) traded up 2.12% during midday trading on Thursday, reaching $42.37. The company’s stock had a trading volume of 547,985 shares. The company’s 50-day moving average price is $41.49 and its 200-day moving average price is $47.86. Vermilion Energy has a 12 month low of $38.60 and a 12 month high of $58.98. The company’s market cap is $5.11 billion.
Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.36. The firm had revenue of $271.39 million during the quarter. Vermilion Energy had a return on equity of 11.20% and a net margin of 18.15%. On average, equities analysts anticipate that Vermilion Energy will post $0.78 EPS for the current fiscal year.
In related news, insider Mona Jean Jasinski sold 6,500 shares of Vermilion Energy stock in a transaction dated Friday, May 19th. The stock was sold at an average price of C$46.90, for a total value of C$304,850.00.
Vermilion Energy Company Profile
Receive News & Ratings for Vermilion Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.