TD Securities Forecasts Strong Price Appreciation for Vermilion Energy (TSE:VET) Stock

by · The Markets Daily

Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) had its price target hoisted by equities researchers at TD Securities from C$13.00 to C$14.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 13.91% from the company’s current price.

Other analysts also recently issued reports about the company. National Bankshares reduced their price objective on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. Scotiabank boosted their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. BMO Capital Markets raised their price target on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the stock a “market perform” rating in a research note on Thursday. Finally, Desjardins lifted their price target on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a report on Monday, November 24th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$14.00.

View Our Latest Stock Report on Vermilion Energy

Vermilion Energy Price Performance

Vermilion Energy stock traded down C$0.20 during mid-day trading on Thursday, reaching C$12.29. The company had a trading volume of 828,330 shares, compared to its average volume of 824,531. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.11. The company has a market capitalization of C$1.89 billion, a P/E ratio of -8.09, a P/E/G ratio of -0.02 and a beta of 0.82. The stock’s 50-day simple moving average is C$11.56 and its 200-day simple moving average is C$10.87. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40.

Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share for the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. The firm had revenue of C$452.18 million during the quarter. On average, equities analysts predict that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Company Profile

(Get Free Report)

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.

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