National Bankshares Issues Pessimistic Forecast for Vermilion Energy (TSE:VET) Stock Price

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective lowered by equities research analysts at National Bankshares from C$17.00 to C$15.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 40.98% from the stock’s current price.

VET has been the topic of several other reports. Scotiabank upped their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Desjardins lowered Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Thursday, October 16th. Finally, BMO Capital Markets increased their price objective on Vermilion Energy from C$10.50 to C$12.00 and gave the company a “market perform” rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$13.67.

Vermilion Energy Trading Up 3.4%

Shares of TSE:VET opened at C$10.64 on Wednesday. The business’s 50-day moving average is C$10.65 and its 200 day moving average is C$10.13. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.17. The firm has a market capitalization of C$1.64 billion, a P/E ratio of -8.72, a P/E/G ratio of -0.02 and a beta of 0.62. 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 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.