the fly .. Vermilion Energy (TSE:VET) Price Target Raised to C$30.00 at National Bank Financial
Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective increased by National Bank Financial from C$19.00 to C$30.00 in a research report released on Thursday, The Fly reports. The brokerage currently has an outperform rating on the stock.
Several other equities analysts have also recently issued reports on the stock. TD Securities upgraded shares of Vermilion Energy from a hold rating to a buy rating and upped their price target for the company from C$15.50 to C$17.00 in a research report on Tuesday, November 30th. JPMorgan Chase & Co. upped their price target on shares of Vermilion Energy from C$11.00 to C$13.00 and gave the company an underpeform rating in a research report on Tuesday, November 30th. BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$13.50 to C$15.00 in a research report on Wednesday, October 20th. ATB Capital increased their price objective on shares of Vermilion Energy from C$13.50 to C$14.50 in a research report on Wednesday, December 1st. Finally, CIBC increased their price objective on shares of Vermilion Energy from C$12.50 to C$15.00 and gave the stock a na rating in a research report on Friday, October 15th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Vermilion Energy currently has a consensus rating of Buy and a consensus price target of C$17.64.
Shares of TSE VET opened at C$17.68 on Thursday. The company has a debt-to-equity ratio of 105.31, a quick ratio of 0.31 and a current ratio of 0.51. Vermilion Energy has a 52-week low of C$5.55 and a 52-week high of C$17.89. The firm has a 50 day moving average price of C$14.10 and a two-hundred day moving average price of C$11.49. The stock has a market cap of C$2.87 billion and a P/E ratio of 3.85.
Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Tuesday, November 9th. The company reported C$0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.34 by C$0.36. The business had revenue of C$538.53 million during the quarter, compared to analyst estimates of C$517.00 million. Analysts predict that Vermilion Energy will post 2.9500002 earnings per share for the current fiscal year.
Vermilion Energy Company Profile
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. It owns 81% working interest in 642,300 net acres of developed land and 87% working interest in 376,700 net acres of undeveloped land, and 613 net producing natural gas wells and 3,034 net producing oil wells in Canada; and 96% working interest in 248,900 net acres of developed land and 91% working interest in 222,100 net acres of undeveloped land in the Aquitaine and Paris Basins, and 325 net producing oil wells and 3.0 net producing gas wells in France.
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