Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective raised by investment analysts at CIBC from C$52.00 to C$55.00 in a report issued on Tuesday. CIBC’s price objective indicates a potential upside of 10.00% from the stock’s current price.
Several other equities analysts also recently commented on the company. Barclays boosted their price objective on Vermilion Energy from C$51.00 to C$59.00 in a research report on Wednesday, January 17th. National Bank Financial boosted their price objective on Vermilion Energy from C$48.00 to C$54.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. TD Securities lowered their price objective on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating on the stock in a research report on Tuesday, October 31st. Finally, BMO Capital Markets lowered their price objective on Vermilion Energy from C$51.00 to C$48.00 in a research report on Tuesday, October 10th. Five analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of C$54.36.
Vermilion Energy (TSE:VET) traded up C$1.00 during midday trading on Tuesday, reaching C$50.00. The company had a trading volume of 591,206 shares, compared to its average volume of 398,634. The stock has a market capitalization of $6,070.00, a P/E ratio of 121.95 and a beta of 0.21. Vermilion Energy has a 12 month low of C$38.33 and a 12 month high of C$55.40.
About Vermilion Energy
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.
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