Vermilion Energy Inc. (TSE:VET) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned an average rating of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$17.94.

A number of analysts have commented on the stock. National Bankshares boosted their price target on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Canaccord Genuity Group lowered their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Royal Bank of Canada lowered 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. ATB Capital lowered their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Finally, TD Securities lowered their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is currently owned by insiders.

Vermilion Energy Stock Up 1.0 %

VET stock opened at C$12.90 on Wednesday. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The company has a market capitalization of C$2.00 billion, a price-to-earnings ratio of -2.43, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm’s 50-day moving average is C$13.65 and its two-hundred day moving average is C$13.62. 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 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.