Vermilion Energy (TSE:VET – Get Rating) (NYSE:VET) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from C$40.00 to C$38.00 in a report released on Wednesday, BayStreet.CA reports. JPMorgan Chase & Co.‘s price target indicates a potential upside of 19.05% from the company’s current price.
Several other analysts also recently commented on the stock. Scotiabank downgraded shares of Vermilion Energy from an “outperform” rating to a “sector perform” rating in a report on Friday, September 16th. CIBC raised their target price on shares of Vermilion Energy from C$34.00 to C$36.00 in a report on Monday, August 22nd. Raymond James raised their target price on shares of Vermilion Energy from C$38.00 to C$40.00 and gave the stock an “outperform” rating in a report on Friday, August 12th. Stifel Nicolaus raised their price target on shares of Vermilion Energy from C$40.00 to C$47.00 in a research note on Monday, August 15th. Finally, Stifel Firstegy raised shares of Vermilion Energy from a “hold” rating to a “buy” rating in a research report on Thursday, June 30th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$39.09.
Vermilion Energy Trading Down 0.8 %
Shares of TSE:VET traded down C$0.27 during mid-day trading on Wednesday, reaching C$31.92. The stock had a trading volume of 1,376,519 shares, compared to its average volume of 2,016,415. The firm has a market cap of C$5.23 billion and a PE ratio of 6.32. The firm has a 50 day simple moving average of C$32.07 and a two-hundred day simple moving average of C$28.58. The company has a current ratio of 0.55, a quick ratio of 0.39 and a debt-to-equity ratio of 58.90. Vermilion Energy has a twelve month low of C$11.15 and a twelve month high of C$39.21.
Insider Buying and Selling at Vermilion Energy
In other news, Director Judy Ann Steele purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, July 12th. The stock was bought at an average price of C$24.89 per share, for a total transaction of C$49,787.00. Following the purchase, the director now owns 2,000 shares of the company’s stock, valued at C$49,787. In related news, Senior Officer Gerard Schut sold 7,500 shares of the stock in a transaction dated Friday, September 30th. The stock was sold at an average price of C$30.00, for a total transaction of C$225,000.00. Following the sale, the insider now owns 81,109 shares of the company’s stock, valued at approximately C$2,433,270. Also, Director Judy Ann Steele acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 12th. The shares were bought at an average cost of C$24.89 per share, for a total transaction of C$49,787.00. Following the acquisition, the director now directly owns 2,000 shares in the company, valued at approximately C$49,787.
Vermilion Energy Company Profile
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed 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 developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia.
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