National Bankshares Forecasts Strong Price Appreciation for Vermilion Energy (TSE:VET) Stock

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target upped by analysts at National Bankshares from C$17.50 to C$18.00 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 39.97% from the company’s previous close.

VET has been the topic of a number of other research reports. ATB Capital dropped their price target on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Tuesday, December 24th. BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from C$20.00 to C$16.00 in a research report on Friday, October 4th. TD Securities decreased their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a report on Friday, December 20th. Canaccord Genuity Group dropped their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, Royal Bank of Canada cut their target price on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$18.86.

Vermilion Energy Trading Down 2.1 %

TSE:VET opened at C$12.86 on Monday. The stock has a market capitalization of C$2.00 billion, a price-to-earnings ratio of -2.52, a PEG ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The firm has a 50 day moving average of C$13.60 and a 200 day moving average of C$13.95.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued 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 net margin of 45.56% and a negative return on equity of 24.83%. The business had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million. As a group, sell-side analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share 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.