Vermilion Energy (TSE:VET) Price Target Lowered to C$17.00 at TD Securities

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price reduced by equities researchers at TD Securities from C$18.00 to C$17.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 32.19% from the company’s current price.

A number of other research analysts have also recently commented on the company. Canaccord Genuity Group reduced their price objective on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Royal Bank of Canada decreased their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Finally, National Bankshares lowered their target price on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$19.27.

Vermilion Energy Trading Up 0.9 %

TSE:VET traded up C$0.11 during trading hours on Friday, reaching C$12.86. 864,526 shares of the company were exchanged, compared to its average volume of 774,140. Vermilion Energy has a 52-week low of C$11.87 and a 52-week high of C$17.56. The stock has a 50 day simple moving average of C$13.69 and a 200 day simple moving average of C$14.10. The firm has a market cap 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. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

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

Vermilion Energy Company Profile

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.