Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have been assigned an average rating of “Buy” from the eight brokerages that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$53.81.
A number of analysts recently commented on the stock. JPMorgan Chase & Co. set a C$50.00 price objective on shares of Vermilion Energy and gave the company an “overweight” rating in a research report on Monday, February 12th. TD Securities lowered their price objective on shares of Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research report on Tuesday, October 31st. CIBC upped their price objective on shares of Vermilion Energy from C$52.00 to C$55.00 in a research report on Tuesday, January 23rd. Barclays upped their price objective on shares of Vermilion Energy from C$51.00 to C$59.00 in a research report on Wednesday, January 17th. Finally, National Bank Financial lowered their price objective on shares of Vermilion Energy from C$49.00 to C$48.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st.
Vermilion Energy (TSE:VET) traded up C$0.35 on Monday, hitting C$42.48. 369,132 shares of the company were exchanged, compared to its average volume of 452,723. Vermilion Energy has a 1-year low of C$38.33 and a 1-year high of C$53.44. The company has a market cap of $5,160.00, a PE ratio of 103.61 and a beta of 0.24.
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About Vermilion Energy
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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