Vermilion Energy Inc. (NYSE:VET) (TSE:VET)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a report issued on Monday, October 30th. They presently have a $52.00 price target on the oil and gas company’s stock. Canaccord Genuity’s price objective points to a potential upside of 44.04% from the company’s current price.
Several other research analysts have also weighed in on the stock. BidaskClub upgraded shares of Vermilion Energy from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Zacks Investment Research lowered shares of Vermilion Energy from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. Scotiabank reissued a “buy” rating and set a $52.50 target price on shares of Vermilion Energy in a research report on Tuesday, October 10th. Finally, Royal Bank Of Canada raised shares of Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $47.83.
Shares of Vermilion Energy (NYSE VET) opened at $36.10 on Monday. The company has a market cap of $4,510.00, a PE ratio of 93.80 and a beta of 0.54. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 0.84. Vermilion Energy has a 12 month low of $29.91 and a 12 month high of $44.95.
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A number of institutional investors and hedge funds have recently made changes to their positions in VET. Guardian Capital LP lifted its stake in Vermilion Energy by 71.3% in the second quarter. Guardian Capital LP now owns 2,869,750 shares of the oil and gas company’s stock valued at $90,935,000 after buying an additional 1,194,092 shares during the last quarter. AGF Investments Inc. raised its stake in shares of Vermilion Energy by 199.6% during the third quarter. AGF Investments Inc. now owns 800,596 shares of the oil and gas company’s stock valued at $28,456,000 after purchasing an additional 533,403 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Vermilion Energy by 52.8% during the second quarter. Principal Financial Group Inc. now owns 1,155,062 shares of the oil and gas company’s stock valued at $36,649,000 after purchasing an additional 398,999 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Vermilion Energy by 358.5% during the second quarter. Russell Investments Group Ltd. now owns 415,258 shares of the oil and gas company’s stock valued at $13,122,000 after purchasing an additional 324,695 shares in the last quarter. Finally, Highstreet Asset Management Inc. bought a new stake in shares of Vermilion Energy during the third quarter valued at about $11,398,000. Hedge funds and other institutional investors own 52.92% of the company’s stock.
Vermilion Energy Company Profile
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