Analysts at JPMorgan Chase & Co. assumed coverage on shares of Vermilion Energy (NYSE:VET) (TSE:VET) in a report issued on Monday, Marketbeat reports. The firm set an “overweight” rating on the oil and gas company’s stock.
Several other research firms also recently weighed in on VET. Canaccord Genuity reissued a “buy” rating and issued a $52.00 target price on shares of Vermilion Energy in a research report on Monday, October 30th. ValuEngine downgraded shares of Vermilion Energy from a “hold” rating to a “sell” rating in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. Vermilion Energy has a consensus rating of “Hold” and an average price target of $47.83.
Vermilion Energy (NYSE:VET) traded up $0.64 on Monday, hitting $33.60. 232,442 shares of the stock traded hands, compared to its average volume of 202,495. The company has a market cap of $4,014.53, a P/E ratio of 112.00 and a beta of 0.61. Vermilion Energy has a one year low of $29.91 and a one year high of $40.62. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.77 and a quick ratio of 0.72.
TRADEMARK VIOLATION NOTICE: This report was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another site, it was stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/02/12/vermilion-energy-vet-now-covered-by-jpmorgan-chase-co.html.
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.
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.