Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective dropped by National Bank Financial from C$62.00 to C$61.00 in a report issued on Thursday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 60.57% from the stock’s previous close.
Several other equities analysts also recently commented on VET. Canaccord Genuity upped their price objective on Vermilion Energy from C$57.00 to C$60.00 in a research note on Tuesday, July 10th. CSFB upgraded Vermilion Energy from a “neutral” rating to an “outperform” rating and upped their price objective for the company from C$52.00 to C$65.00 in a research note on Wednesday, July 11th. JPMorgan Chase & Co. upped their price objective on Vermilion Energy from C$49.00 to C$63.00 in a research note on Saturday, July 14th. CIBC upped their price objective on Vermilion Energy from C$55.00 to C$60.00 in a research note on Friday, July 20th. Finally, Royal Bank of Canada dropped their price objective on Vermilion Energy from C$55.00 to C$54.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 31st. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$57.38.
Vermilion Energy stock opened at C$37.99 on Thursday. Vermilion Energy has a 12 month low of C$37.96 and a 12 month high of C$50.46.
In other Vermilion Energy news, Director Catherine L. Williams bought 1,000 shares of the stock in a transaction on Thursday, September 6th. The shares were acquired at an average price of C$41.00 per share, with a total value of C$41,000.00. Also, Director Robert B. Michaleski bought 2,370 shares of the stock in a transaction on Thursday, August 9th. The shares were acquired at an average cost of C$45.58 per share, for a total transaction of C$108,024.60. Insiders have acquired a total of 8,370 shares of company stock worth $309,925 in the last three months.
Vermilion Energy Company Profile
Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.
Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.