Vermilion Energy (TSE:VET) PT Set at C$16.00 by Desjardins

Vermilion Energy (TSE:VET) (NYSE:VET) received a C$16.00 target price from research analysts at Desjardins in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The brokerage presently has a “hold” rating on the stock. Desjardins’ target price indicates a potential upside of 16.28% from the company’s current price.

Several other equities analysts have also recently weighed in on VET. Royal Bank Of Canada lifted their target price on Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. ATB Cormark Capital Markets upgraded shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and raised their price target for the stock from C$16.00 to C$24.00 in a report on Friday, March 27th. Finally, National Bank Financial decreased their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Vermilion Energy currently has a consensus rating of “Hold” and a consensus price target of C$19.29.

Vermilion Energy Price Performance

VET opened at C$13.76 on Friday. The firm has a market capitalization of C$2.11 billion, a P/E ratio of -2.60, a PEG ratio of -0.02 and a beta of 0.23. The stock has a fifty day moving average of C$15.02 and a 200-day moving average of C$15.12. The company has a quick ratio of 0.40, a current ratio of 0.63 and a debt-to-equity ratio of 63.73. Vermilion Energy has a 12-month low of C$9.71 and a 12-month high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The business had revenue of C$519.12 million for the quarter. Vermilion Energy had a negative net margin of 44.92% and a negative return on equity of 33.68%. Equities analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal 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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.