Vermilion Energy (TSE:VET) Price Target Cut to C$14.00 by Analysts at CIBC

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price reduced by analysts at CIBC from C$17.00 to C$14.00 in a research report issued on Thursday,BayStreet.CA reports. CIBC’s price objective would suggest a potential upside of 65.88% from the stock’s current price.

A number of other research firms have also recently weighed in on VET. National Bankshares upped their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Royal Bank of Canada decreased their target price on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Monday, December 30th. TD Securities cut 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. ATB Capital decreased their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a report on Monday, December 30th. Finally, BMO Capital Markets cut their target price on shares of Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$16.75.

Vermilion Energy Trading Up 5.4 %

Shares of Vermilion Energy stock opened at C$8.44 on Thursday. The firm has a 50-day simple moving average of C$11.42 and a two-hundred day simple moving average of C$12.95. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. Vermilion Energy has a fifty-two week low of C$7.29 and a fifty-two week high of C$17.56. The company has a market cap of C$1.31 billion, a P/E ratio of -1.59, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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.