Vermilion Energy (TSE:VET) Price Target Raised to C$22.00 at Stifel Nicolaus

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective hoisted by analysts at Stifel Nicolaus from C$20.25 to C$22.00 in a research report issued on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 35.72% from the company’s current price.

Other analysts also recently issued reports about the stock. Royal Bank of Canada upped their price objective on shares of Vermilion Energy from C$20.00 to C$21.00 in a report on Tuesday, April 9th. CIBC decreased their price objective on shares of Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating for the company in a report on Tuesday, January 16th. Desjardins reduced their price target on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a report on Friday, March 22nd. Raymond James reduced their price target on shares of Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating for the company in a report on Friday, January 19th. Finally, National Bankshares increased their price target on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Friday, April 19th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$21.54.

Vermilion Energy Price Performance

TSE VET opened at C$16.21 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 31.93. The company has a fifty day simple moving average of C$15.91 and a 200 day simple moving average of C$16.52. The company has a market cap of C$2.63 billion, a P/E ratio of -11.18, a P/E/G ratio of -0.02 and a beta of 2.71. Vermilion Energy has a 1 year low of C$13.30 and a 1 year high of C$21.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.71 by C$0.59. The business had revenue of C$522.97 million during the quarter, compared to the consensus estimate of C$593.34 million. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. On average, sell-side analysts predict that Vermilion Energy will post 1.8666667 EPS for the current year.

Insider Buying and Selling

In related news, Director Robert B. Michaleski acquired 10,000 shares of the stock in a transaction on Monday, March 11th. The stock was purchased at an average price of C$14.94 per share, for a total transaction of C$149,400.00. In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 3,000 shares of Vermilion Energy stock in a transaction dated Tuesday, March 26th. The shares were bought at an average price of C$16.10 per share, with a total value of C$48,300.00. Also, Director Robert B. Michaleski bought 10,000 shares of Vermilion Energy stock in a transaction dated Monday, March 11th. The stock was acquired at an average cost of C$14.94 per share, for a total transaction of C$149,400.00. 0.15% of the stock is currently owned by corporate insiders.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.