Vermilion Energy (TSE:VET) Stock Price Expected to Rise, ATB Capital Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target increased by analysts at ATB Capital from C$14.00 to C$16.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. ATB Capital’s price objective indicates a potential upside of 34.91% from the company’s current price.

A number of other brokerages also recently issued reports on VET. TD Securities boosted their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday. National Bankshares reduced their price target on shares of Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. BMO Capital Markets increased their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research note on Thursday. Scotiabank lifted their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Finally, Desjardins upped their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a report on Monday, November 24th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$14.00.

Vermilion Energy Trading Down 2.1%

VET opened at C$11.86 on Thursday. Vermilion Energy has a one year low of C$7.29 and a one year high of C$15.11. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The business has a 50 day simple moving average of C$11.58 and a two-hundred day simple moving average of C$10.90. The firm has a market capitalization of C$1.82 billion, a price-to-earnings ratio of -7.80, a PEG ratio of -0.02 and a beta of 0.82.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. Analysts predict that Vermilion Energy will post 1.3956262 EPS for the current year.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.