BMO Capital Markets Lowers Vermilion Energy Inc (VET) Price Target to C$48.00
Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price objective reduced by BMO Capital Markets from C$51.00 to C$48.00 in a research note issued on Tuesday. BMO Capital Markets’ price objective would suggest a potential upside of 12.73% from the stock’s previous close.
Other equities research analysts have also issued reports about the company. National Bank Financial decreased their target price on Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. Barclays PLC decreased their target price on Vermilion Energy from C$64.00 to C$50.00 in a research report on Monday, July 24th. Finally, Royal Bank Of Canada raised their target price on Vermilion Energy from C$51.00 to C$52.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. Six investment analysts have rated the stock with a buy rating, Vermilion Energy has an average rating of “Buy” and an average target price of C$56.17.
Vermilion Energy (TSE VET) opened at 42.58 on Tuesday. Vermilion Energy has a 52-week low of $38.33 and a 52-week high of $58.98. The company has a market capitalization of $5.16 billion and a PE ratio of 68.68. The firm’s 50-day moving average is $42.96 and its 200-day moving average is $43.84.
Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Wednesday, July 26th. The company reported C$0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.04 by C$0.36. Vermilion Energy had a return on equity of 11.88% and a net margin of 19.03%. The firm had revenue of C$271.39 million during the quarter. On average, equities research analysts forecast that Vermilion Energy will post $0.83 EPS for the current year.
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In other news, insider Gerard Schut sold 3,000 shares of the stock in a transaction on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total transaction of C$135,000.00. Insiders have bought a total of 1,250 shares of company stock valued at $49,915 in the last quarter.
Vermilion Energy Company Profile
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