Vermilion Energy (TSE:VET) (NYSE:VET) has been given a C$50.00 target price by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 18.01% from the company’s current price.
A number of other equities research analysts also recently issued reports on the stock. TD Securities reduced their price target on shares of Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating on the stock in a research note on Tuesday, October 31st. Barclays boosted their price target on shares of Vermilion Energy from C$51.00 to C$59.00 in a research note on Wednesday, January 17th. National Bank Financial reduced their price target on shares of Vermilion Energy from C$49.00 to C$48.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. Finally, CIBC boosted their price target on shares of Vermilion Energy from C$52.00 to C$55.00 in a research note on Tuesday, January 23rd. Six research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$53.81.
Vermilion Energy (TSE:VET) traded up C$0.84 during trading hours on Monday, reaching C$42.37. 342,472 shares of the company’s stock traded hands, compared to its average volume of 424,628. The firm has a market cap of $5,050.00, a price-to-earnings ratio of 103.34 and a beta of 0.24. Vermilion Energy has a 12 month low of C$38.33 and a 12 month high of C$53.44.
TRADEMARK VIOLATION WARNING: This article was first reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2018/02/12/vermilion-energy-vet-given-a-c50-00-price-target-by-jpmorgan-chase-co-analysts.html.
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.
Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.