Vermilion Energy (TSE:VET) Cut to “Hold” at Atb Cap Markets

Atb Cap Markets cut shares of Vermilion Energy (TSE:VET) (NYSE:VET) from a strong-buy rating to a hold rating in a report issued on Thursday,Zacks.com reports.

VET has been the subject of several other research reports. Canaccord Genuity Group decreased their target price on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. National Bankshares upped their price target 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. TD Securities cut their price target on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a report on Friday, December 20th. Royal Bank of Canada dropped 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. Finally, ATB Capital dropped their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a report on Monday, December 30th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.94.

Vermilion Energy Trading Down 1.4 %

Shares of Vermilion Energy stock opened at C$12.77 on Thursday. The firm has a market cap of C$1.98 billion, a price-to-earnings ratio of -2.40, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business has a fifty day simple moving average of C$13.68 and a 200-day simple moving average of C$13.63. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61.

Insider Activity at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were bought at an average price of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is currently owned by company insiders.

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.