Vermilion Energy (TSE:VET) Stock Price Expected to Rise, Desjardins Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective boosted by Desjardins from C$12.50 to C$13.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. Desjardins’ target price would suggest a potential upside of 4.33% from the stock’s previous close.

A number of other brokerages also recently commented on VET. National Bankshares reduced their target price on shares of Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. BMO Capital Markets upped their price objective on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the company a “market perform” rating in a report on Friday, August 8th. Finally, Scotiabank raised their price target on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Vermilion Energy presently has a consensus rating of “Hold” and a consensus target price of C$13.83.

Vermilion Energy Stock Down 0.8%

Shares of Vermilion Energy stock traded down C$0.10 during trading on Monday, hitting C$12.46. The company’s stock had a trading volume of 566,519 shares, compared to its average volume of 811,596. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The company has a fifty day simple moving average of C$11.17 and a two-hundred day simple moving average of C$10.58. Vermilion Energy has a 52 week low of C$7.29 and a 52 week high of C$15.11. The company has a market capitalization of C$1.91 billion, a PE ratio of -8.20, a P/E/G ratio of -0.02 and a beta of 0.55.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. The business had revenue of C$452.18 million during the quarter. Equities research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current 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.