TD Securities Trims Vermilion Energy (TSE:VET) Target Price to C$18.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective decreased by TD Securities from C$20.00 to C$18.00 in a report issued on Tuesday, BayStreet.CA reports. TD Securities’ price objective points to a potential upside of 33.04% from the company’s current price.

Several other equities analysts have also commented on VET. BMO Capital Markets lowered their price objective on shares of Vermilion Energy from C$21.00 to C$20.00 in a research report on Wednesday, July 3rd. Canaccord Genuity Group lowered their target price on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a report on Thursday, August 1st. National Bankshares lowered their target price on shares of Vermilion Energy from C$23.00 to C$17.00 in a report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Finally, Royal Bank of Canada lowered their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$20.08.

Vermilion Energy Trading Up 2.5 %

Shares of TSE VET traded up C$0.33 during midday trading on Tuesday, hitting C$13.53. 574,831 shares of the company traded hands, compared to its average volume of 777,021. Vermilion Energy has a 12-month low of C$11.87 and a 12-month high of C$21.30. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The stock has a 50-day moving average price of C$13.50 and a 200 day moving average price of C$15.16. The firm has a market cap of C$2.11 billion, a P/E ratio of -2.65, a P/E/G ratio of -0.02 and a beta of 2.62.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The company had revenue of C$478.93 million for the quarter, compared to the consensus estimate of C$514.63 million. As a group, analysts expect that Vermilion Energy will post 1.3855165 earnings per share for the current year.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average cost of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is currently owned by insiders.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.