Vermilion Energy (TSE:VET) (NYSE:VET) had its price target boosted by research analysts at Barclays from C$51.00 to C$59.00 in a note issued to investors on Wednesday. Barclays’ price objective would indicate a potential upside of 22.00% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. BMO Capital Markets cut their price objective on Vermilion Energy from C$51.00 to C$48.00 in a report on Tuesday, October 10th. National Bank Financial cut their price objective on Vermilion Energy from C$49.00 to C$48.00 and set an “outperform” rating on the stock in a report on Tuesday, October 31st. Finally, TD Securities cut their price objective on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating on the stock in a report on Tuesday, October 31st. Five equities research analysts have rated the stock with a buy rating, Vermilion Energy presently has a consensus rating of “Buy” and an average price target of C$54.79.

Shares of Vermilion Energy (TSE:VET) traded down C$0.30 on Wednesday, reaching C$48.36. The company’s stock had a trading volume of 483,530 shares, compared to its average volume of 358,517. Vermilion Energy has a 12-month low of C$38.33 and a 12-month high of C$56.54. The company has a market capitalization of $5,920.00, a PE ratio of 117.95 and a beta of 0.21.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Monday, October 30th. The company reported C($0.19) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C($0.21) by C$0.02. Vermilion Energy had a negative return on equity of 9.80% and a negative net margin of 16.93%.

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Vermilion Energy Company Profile

Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.

Analyst Recommendations for Vermilion Energy (TSE:VET)

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