Bullboard - Stock Discussion Forum Vermilion Energy Inc. T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

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TSX:VET - Post Discussion

Vermilion Energy Inc. > Band of America Upgrade.

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Post by downtozero on Feb 24, 2021 2:18pm

Band of America Upgrade.

"(NYSE:VET) had its price target raised by analysts at Bank of America Co. ( star

) from C$7.50 to C$8.00.This represents a 5.9% downside from the current price of $8.50."

Don't they realize that US banks rate in $$US. That would give VET a $10.00 rating.

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Comment by Moemoney42 on Feb 24, 2021 3:02pm

They're quoting US prices there sunshine... VET currently $6.76 USD state side... :-)

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Comment by pointer on Feb 24, 2021 4:03pm

This post has been removed in accordance with Community Policy

Comment by Moemoney42 on Feb 24, 2021 5:33pm

What you talkin bout Willis... he said BofA increased their target from $7.50 to $8 USD... the stock is/was currently trading at $6.76 USD.. how is an increase from $7.50 to $8 USD a 5.9% downside unless you are using the current CDN price $8.50 for the comparison..!! He' comparing apples to oranges there sunshine.. so now if you take the $8 USD target you get, voila... $10 CDN.. ;-/

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