ATB Capital Lowers Vermilion Energy (TSE:VET) Price Target to C$17.50

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price decreased by equities researchers at ATB Capital from C$20.00 to C$17.50 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. ATB Capital’s target price points to a potential upside of 33.28% from the company’s previous close.

A number of other research analysts have also weighed in on the company. TD Securities decreased their price objective on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday, December 20th. National Bankshares raised their target price on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research note on Tuesday. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. JPMorgan Chase & Co. reduced their price objective on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, Canaccord Genuity Group reduced their price target on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$18.86.

Vermilion Energy Stock Up 2.8 %

Vermilion Energy stock opened at C$13.13 on Tuesday. Vermilion Energy has a 12 month low of C$11.84 and a 12 month high of C$17.56. The stock has a market capitalization of C$2.05 billion, a PE ratio of -2.57, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The business has a 50 day simple moving average of C$13.61 and a 200-day simple moving average of C$14.00.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The firm had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million. On average, analysts anticipate that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

About Vermilion Energy

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.