Vermilion Energy (TSE:VET) Stock Price Expected to Rise, National Bankshares Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective boosted by analysts at National Bankshares from C$14.50 to C$18.50 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 32.81% from the stock’s previous close.

Several other equities analysts have also recently issued reports on VET. BMO Capital Markets raised their price target on Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a report on Thursday, December 11th. Scotiabank upped their target price on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 20th. TD Securities lifted their price target on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. ATB Capital increased their price objective on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, December 11th. Finally, Desjardins raised their price objective on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research note on Monday, November 24th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of C$14.50.

Vermilion Energy Price Performance

Shares of VET stock opened at C$13.93 on Tuesday. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$14.00. 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’s 50 day moving average is C$12.08 and its 200-day moving average is C$11.35. The firm has a market capitalization of C$2.14 billion, a price-to-earnings ratio of -9.16, a PEG ratio of -0.02 and a beta of 1.24.

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 during the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. Sell-side analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Insider Activity

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was bought at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at approximately C$578,000. This represents a 11.11% increase in their ownership of the stock. 0.16% of the stock is owned by company insiders.

Vermilion Energy Company Profile

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.