Vermilion Energy (TSE: VET – Get a rating) (NYSE: VETERINARY) had its target price raised by Raymond James from C$30.00 to C$38.00 in a note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James’ price target suggests a potential upside of 31.17% from the company’s current price.
A number of other stock analysts have also recently released reports on the company. National Bankshares raised its price target on Vermilion Energy from CA$19.00 to CA$30.00 in a Thursday, January 6 report. Royal Bank of Canada raised its price target on Vermilion Energy shares from C$25.00 to C$26.00 and gave the stock an “industry performance” rating in a report on Tuesday 8 March. JPMorgan Chase & Co. raised its price target on Vermilion Energy shares from C$11.00 to C$13.00 and gave the stock an “underperforming” rating in a research report from the Tuesday, November 30. Scotiabank raised its price target on Vermilion Energy from C$25.00 to C$27.00 in a Tuesday, March 8 research note. Finally, ATB Capital raised its target price on Vermilion Energy from CA$13.50 to CA$14.50 in a Wednesday, Dec. 1 research note. Two investment analysts gave the stock a hold rating and five gave the company a buy rating. According to data from MarketBeat, the stock currently has a consensus quote of “buy” and an average target price of C$26.75.
Shares of TSE VET traded at C$1.34 midday Friday, hitting C$28.97. 1,266,540 shares of the company were traded, with an average volume of 2,205,286. The company’s fifty-day moving average price is C$22.92 and its two-hundred-day moving average price is 16 .53 CAD. The company has a market cap of C$4.70 billion and a price-earnings ratio of 4.18. The company has a current ratio of 0.63, a quick ratio of 0.45 and a debt ratio of 83.58. Vermilion Energy has a 12-month low of C$7.06 and a 12-month high of C$30.76.
Vermilion Energy (TSE: VET – Get a rating) (NYSE:VET) last released its quarterly results on Monday, March 7. The company reported EPS of C$1.19 for the quarter, beating the Zacks consensus estimate of C$0.67 by C$0.52. The company had revenue of C$765.92 million in the quarter. Stock analysts expect Vermilion Energy to post earnings per share of 4.4299996 for the current fiscal year.
Vermilion Energy Company Profile (Get a rating)
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development and production of oil and natural gas in North America, Europe and Australia. It has an 81% working interest in 636,714 net acres of developed land and an 85% working interest in 301,026 net acres of undeveloped land; 130,715 net acres of land in the Powder River Basin in the United States; 96% working interest in 248,873 net acres of built-up land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net acres developed and 920,723 net acres undeveloped in Germany; 975,375 net acres of land in Croatia; 946,666 net acres of land in Hungary; and 48,954 net acres of land in Slovakia.
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