Vermilion Energy Inc. (TSE:VET) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been given an average recommendation of “Moderate Buy” by the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$17.94.

A number of equities research analysts recently weighed in on VET shares. TD Securities lowered their price target 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. ATB Capital dropped their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a report on Monday, December 30th. Atb Cap Markets downgraded shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Royal Bank of Canada lowered their price target on shares of 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. Finally, National Bankshares lifted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th.

Insiders Place Their Bets

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of Vermilion Energy stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by corporate insiders.

Vermilion Energy Stock Down 2.5 %

VET stock opened at C$12.25 on Wednesday. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The company has a fifty day moving average of C$13.59 and a 200-day moving average of C$13.57. Vermilion Energy has a one year low of C$11.84 and a one year high of C$17.56. The stock has a market capitalization of C$1.90 billion, a PE ratio of -2.30, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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.