Vermilion Energy (TSE:VET) Price Target Raised to C$17.00 at BMO Capital Markets

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price lifted by stock analysts at BMO Capital Markets from C$15.00 to C$17.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 2.60% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. Royal Bank Of Canada increased their target price on Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. TD raised Vermilion Energy from a “hold” rating to a “buy” rating and set a C$18.00 price target on the stock in a research note on Wednesday, July 22nd. National Bank Financial lowered their price objective on Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$19.75.

Vermilion Energy Trading Up 2.8%

TSE:VET traded up C$0.45 during trading hours on Friday, reaching C$16.57. The company’s stock had a trading volume of 1,472,780 shares, compared to its average volume of 1,284,246. The company has a debt-to-equity ratio of 63.73, a quick ratio of 0.40 and a current ratio of 0.63. The firm has a market capitalization of C$2.54 billion, a price-to-earnings ratio of -3.13, a PEG ratio of -0.02 and a beta of 0.23. The firm has a 50-day simple moving average of C$14.63 and a 200-day simple moving average of C$15.39. Vermilion Energy has a 1 year low of C$9.71 and a 1 year high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 earnings per share (EPS) for the quarter. Vermilion Energy had a negative net margin of 44.92% and a negative return on equity of 33.68%. The business had revenue of C$563.07 million during the quarter. Research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal 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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.