Vermilion Energy (TSE:VET) PT Raised to C$22.00 at Stifel Nicolaus

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target increased by investment analysts at Stifel Nicolaus from C$20.25 to C$22.00 in a research note issued on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 35.72% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. CIBC dropped their target price on Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 16th. ATB Capital dropped their target price on Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Thursday, January 18th. Royal Bank of Canada raised their target price on Vermilion Energy from C$20.00 to C$21.00 in a research report on Tuesday, April 9th. Raymond James dropped their target price on Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Finally, JPMorgan Chase & Co. dropped their target price on Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research report on Friday, March 8th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Vermilion Energy has a consensus rating of “Moderate Buy” and an average price target of C$21.54.

Vermilion Energy Stock Performance

TSE VET opened at C$16.21 on Tuesday. The stock has a 50-day simple moving average of C$15.91 and a two-hundred day simple moving average of C$16.52. The firm has a market capitalization of C$2.63 billion, a P/E ratio of -11.18, a PEG ratio of -0.02 and a beta of 2.71. Vermilion Energy has a fifty-two week low of C$13.30 and a fifty-two week high of C$21.60. The company has a debt-to-equity ratio of 31.93, a quick ratio of 0.40 and a current ratio of 1.18.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.71 by C$0.59. The business had revenue of C$522.97 million during the quarter, compared to analyst estimates of C$593.34 million. Vermilion Energy had a negative return on equity of 7.39% and a negative net margin of 12.98%. On average, equities analysts forecast that Vermilion Energy will post 1.8666667 earnings per share for the current year.

Insiders Place Their Bets

In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total value of C$825,000.00. In other Vermilion Energy news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total value of C$825,000.00. Also, Director Myron Maurice Stadnyk bought 3,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was acquired at an average cost of C$16.10 per share, for a total transaction of C$48,300.00. Corporate insiders own 0.15% of the company’s stock.

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.