Vermilion Energy (TSE:VET) Stock Rating Lowered by Atb Cap Markets

Vermilion Energy (TSE:VET) (NYSE:VET) was downgraded by research analysts at Atb Cap Markets from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. National Bankshares raised their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. Canaccord Genuity Group decreased their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Royal Bank of Canada cut their price objective on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. ATB Capital dropped their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Finally, TD Securities lowered their target price on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.94.

Vermilion Energy Stock Performance

TSE VET opened at C$12.77 on Thursday. 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 has a 1-year low of C$11.84 and a 1-year high of C$17.56. The firm has a market capitalization of C$1.98 billion, a P/E ratio of -2.40, a P/E/G ratio of -0.02 and a beta of 2.60. The business’s 50-day simple moving average is C$13.68 and its 200-day simple moving average is C$13.64.

Insider Buying and Selling

In other Vermilion Energy news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company’s stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. Company insiders own 0.16% of the company’s stock.

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.