Vermilion Energy Inc. (TSE:VET) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received an average recommendation of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$17.06.

Several equities research analysts have recently weighed in on the company. Royal Bank of Canada decreased their price objective on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a report on Monday, December 30th. ATB Capital cut their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research note on Monday, December 30th. TD Securities decreased their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday, December 20th. National Bankshares boosted their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Finally, BMO Capital Markets lowered their price target on shares of Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th.

Vermilion Energy Price Performance

Shares of TSE:VET opened at C$11.81 on Friday. The firm has a market capitalization of C$1.83 billion, a P/E ratio of -2.22, a P/E/G ratio of -0.02 and a beta of 2.60. 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 has a 12 month low of C$10.18 and a 12 month high of C$17.56. The company’s fifty day moving average price is C$12.85 and its 200 day moving average price is C$13.29.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of Vermilion Energy stock in a transaction on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value of C$64,600.00. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

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.