Vermilion Energy Inc. (TSE:VET) Given Average Rating of “Moderate Buy” by Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$17.94.

A number of equities research analysts have recently issued reports on the stock. TD Securities reduced their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. ATB Capital cut their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Atb Cap Markets lowered Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. National Bankshares boosted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Finally, Royal Bank of Canada lowered their target price on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a report on Monday, December 30th.

Insider Buying and Selling

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average price of C$12.92 per share, with a total value of C$64,600.00. Insiders own 0.16% of the company’s stock.

Vermilion Energy Stock Down 2.5 %

Shares of VET opened at C$12.25 on Wednesday. The company’s 50-day moving average price is C$13.59 and its 200 day moving average price is C$13.57. Vermilion Energy has a 12-month low of C$11.84 and a 12-month high of C$17.56. 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 market cap of C$1.90 billion, a P/E ratio of -2.30, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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.