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

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target raised by BMO Capital Markets from C$12.00 to C$13.00 in a report issued on Thursday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 9.61% from the stock’s previous close.

Several other brokerages have also recently weighed in on VET. Desjardins boosted their price target on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. Scotiabank increased their price target on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. Finally, National Bankshares dropped their price target on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$14.00.

Vermilion Energy Stock Performance

Shares of TSE VET opened at C$11.86 on Thursday. Vermilion Energy has a 12-month low of C$7.29 and a 12-month high of C$15.11. The firm has a market capitalization of C$1.82 billion, a price-to-earnings ratio of -7.80, a price-to-earnings-growth ratio of -0.02 and a beta of 0.82. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The firm has a 50 day moving average of C$11.58 and a 200 day moving average of C$10.90.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$0.02 earnings per share 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%. On average, research analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share 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.