Vermilion Energy (TSE:VET) (NYSE:VET) had its target price decreased by equities research analysts at BMO Capital Markets from C$36.00 to C$35.00 in a research report issued on Friday, BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 30.84% from the stock’s current price.
A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Vermilion Energy from C$42.00 to C$43.00 in a research report on Monday, May 13th. TD Securities cut their price objective on Vermilion Energy from C$41.00 to C$40.00 and set a “buy” rating for the company in a research report on Friday, March 1st. Raymond James boosted their price objective on Vermilion Energy from C$41.50 to C$44.00 and gave the company a “strong-buy” rating in a research report on Friday, March 1st. Canaccord Genuity cut their price objective on Vermilion Energy from C$43.00 to C$41.00 in a research report on Friday, March 1st. Finally, Eight Capital restated a “buy” rating and issued a C$42.00 price objective on shares of Vermilion Energy in a research report on Monday. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$46.18.
VET stock traded down C$0.31 during trading on Friday, hitting C$26.75. 802,148 shares of the company traded hands, compared to its average volume of 951,922. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 72.05. The stock has a market cap of $4.40 billion and a P/E ratio of 13.96. Vermilion Energy has a 1 year low of C$26.63 and a 1 year high of C$49.67.
Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Thursday, April 25th. The company reported C$0.26 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.33 by C($0.07). The firm had revenue of C$481.08 million during the quarter. On average, research analysts predict that Vermilion Energy will post 1.3400001 earnings per share for the current fiscal year.
In related news, Senior Officer Robert John Engbloom sold 3,984 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of C$31.30, for a total transaction of C$124,699.20. Following the completion of the sale, the insider now directly owns 34,696 shares in the company, valued at C$1,085,984.80. Also, Senior Officer Mona Jean Jasinski sold 6,715 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of C$28.12, for a total value of C$188,825.80. Following the sale, the insider now owns 50,817 shares of the company’s stock, valued at C$1,428,974.04.
Vermilion Energy Company Profile
Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.
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