Vermilion Energy Inc. (TSE:VET) Receives C$17.72 Consensus Target Price from Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$17.06.

VET has been the subject of several analyst reports. Desjardins downgraded shares of Vermilion Energy from a “buy” rating to a “hold” rating and decreased their target price for the company from C$19.00 to C$14.00 in a research note on Wednesday. TD Securities decreased their target price on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research note on Friday, December 20th. BMO Capital Markets decreased their target price on shares of Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. Royal Bank of Canada reduced their price objective on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Monday, December 30th. Finally, Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th.

Insider Transactions at Vermilion Energy

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

Vermilion Energy Price Performance

Shares of VET stock opened at C$11.82 on Friday. The company has a market capitalization of C$1.83 billion, a PE ratio of -2.22, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm has a fifty day simple moving average of C$12.79 and a 200-day simple moving average of C$13.28. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. Vermilion Energy has a twelve month low of C$10.18 and a twelve month high of C$17.56.

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.