Vermilion Energy (TSE:VET) Given New C$13.00 Price Target at BMO Capital Markets

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target lifted by equities researchers at BMO Capital Markets from C$12.00 to C$13.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 5.78% from the stock’s current price.

Several other equities research analysts also recently issued reports on the stock. Desjardins raised their target price on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research note on Monday, November 24th. National Bankshares cut their price objective on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Finally, Scotiabank lifted their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 9th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vermilion Energy has a consensus rating of “Hold” and an average price target of C$14.00.

Vermilion Energy Stock Down 1.6%

TSE:VET traded down C$0.20 during trading hours on Thursday, reaching C$12.29. 828,330 shares of the stock were exchanged, compared to its average volume of 824,531. The stock has a market cap of C$1.89 billion, a PE ratio of -8.09, a PEG ratio of -0.02 and a beta of 0.82. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$15.11. The firm has a 50 day moving average of C$11.56 and a 200 day moving average of C$10.87. 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 (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. On average, equities analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current year.

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.