Vermilion Energy (TSE:VET) PT Lowered to C$17.00 at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective lowered by National Bankshares from C$23.00 to C$17.00 in a research note issued to investors on Friday, BayStreet.CA reports. National Bankshares’ price target would suggest a potential upside of 31.48% from the stock’s previous close.

VET has been the subject of several other research reports. Canaccord Genuity Group lowered their price objective on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Royal Bank of Canada cut their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. BMO Capital Markets reduced their price target on Vermilion Energy from C$21.00 to C$20.00 in a report on Wednesday, July 3rd. Desjardins decreased their price target on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$20.25.

Vermilion Energy Price Performance

Shares of VET stock traded up C$0.06 during trading hours on Friday, hitting C$12.93. The stock had a trading volume of 396,800 shares, compared to its average volume of 777,402. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The stock has a market capitalization of C$2.02 billion, a price-to-earnings ratio of -2.56, a PEG ratio of -0.02 and a beta of 2.62. Vermilion Energy has a one year low of C$11.87 and a one year high of C$21.30. The stock’s 50-day moving average price is C$13.58 and its two-hundred day moving average price is C$15.18.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). The firm had revenue of C$478.93 million during the quarter, compared to the consensus estimate of C$514.63 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Equities analysts forecast that Vermilion Energy will post 1.9130435 EPS for the current year.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction on Wednesday, August 21st. The stock was bought at an average price of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is owned by corporate insiders.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.