National Bankshares Forecasts Strong Price Appreciation for Vermilion Energy (TSE:VET) Stock

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target upped by equities research analysts at National Bankshares from C$14.50 to C$18.50 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 36.73% from the company’s current price.

Several other equities analysts have also recently issued reports on VET. ATB Capital boosted their price target on Vermilion Energy from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. TD Securities raised their target price on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Scotiabank boosted their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 20th. Desjardins boosted their target price on Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. Finally, BMO Capital Markets raised their target price on Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$14.50.

Vermilion Energy Stock Up 5.2%

VET stock traded up C$0.67 during trading on Tuesday, hitting C$13.53. 1,035,275 shares of the company’s stock were exchanged, compared to its average volume of 1,155,219. The stock has a market capitalization of C$2.08 billion, a price-to-earnings ratio of -8.90, a PEG ratio of -0.02 and a beta of 0.80. Vermilion Energy has a 52-week low of C$7.29 and a 52-week high of C$14.00. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The business has a 50-day moving average price of C$12.01 and a two-hundred day moving average price of C$11.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last released 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 during the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. As a group, equities research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current year.

Insider Activity at Vermilion Energy

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Monday, December 15th. The stock was acquired at an average price 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 approximately 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.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.