Vermilion Energy (TSE:VET) Given New C$15.00 Price Target at Royal Bank Of Canada

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target upped by equities research analysts at Royal Bank Of Canada from C$14.00 to C$15.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential downside of 3.85% from the stock’s current price.

A number of other research analysts also recently weighed in on the stock. BMO Capital Markets increased their target price on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research report on Thursday, December 11th. Scotiabank increased their price objective on Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. ATB Cormark Capital Markets increased their price objective on Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a report on Thursday, December 11th. National Bank Financial boosted their target price on Vermilion Energy from C$14.50 to C$18.50 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Finally, Desjardins upped their price target on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$14.61.

Vermilion Energy Stock Performance

VET traded down C$0.16 during trading on Thursday, hitting C$15.60. 1,757,360 shares of the company traded hands, compared to its average volume of 1,300,339. Vermilion Energy has a one year low of C$7.29 and a one year high of C$16.39. The stock’s fifty day moving average is C$13.01 and its 200 day moving average is C$11.83. The company has a quick ratio of 0.40, a current ratio of 0.81 and a debt-to-equity ratio of 48.94. The firm has a market cap of C$2.39 billion, a P/E ratio of -10.26, a price-to-earnings-growth ratio of -0.02 and a beta of 1.24.

Insider Transactions at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was bought at an average cost of C$11.56 per share, for a total transaction of C$57,800.00. Following the completion of the transaction, the director owned 50,000 shares of the company’s stock, valued at C$578,000. The trade was a 11.11% increase in their ownership of the stock. 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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.