Vermilion Energy Inc (TSE:VET) Has Just Had Its Price Target Decreased by Equity Analysts at National Bank Financial to $54.00

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Analysis: Vermilion Energy Inc (TSE:VET) Target Upped Today

In analysts note revealed by National Bank Financial on 3 December, the firm, Vermilion Energy Inc (TSE:VET), had their target price per share cut to $54.00. Analusts at present have a solid Outperform rating on the stock.

From a total of 19 analysts covering Vermilion Energy Inc. (TSE:VET) stock, 14 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 70% of the ratings are positive. The highest target price is $48.61 while the lowest target price is $27.67. The mean of all analyst targets is $41.43 with a 50.96% above today’s ($39.13) stock price. Vermilion Energy Inc. was the topic of 12 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs downgraded shares on November 5 to “Sell” rating. Desjardins Securities upgraded VET stock in a recent report from August 11 to “Buy” rating.

Approximately 227,668 shares of stock traded hands. Vermilion Energy Inc (TSE:VET) has declined 32.92% since April 30, 2015 and is downtrending. It has underperformed by 32.63% the S&P500.

Vermilion Energy Inc (TSE:VET) Has Just Had Its Price Target Decreased by Equity Analysts at National Bank Financial to $54.00

Vermilion Energy Inc. is engaged in the business of oil and natural gas exploitation, development, acquisition and production in Canada, France, Ireland, the Netherlands, Germany, Australia and the United States. The company has a market cap of $4.30 billion.

According to Zacks Investment Research, “Vermilion Energy Inc. is an international oil and gas producer with properties in Western Canada, Australia, France and the Netherlands. Vermilion Energy Inc, formerly known as Vermilion Energy Trust, is based in Calgary, Canada.” Get a free copy of the Zacks research report on Vermilion Energy Inc (VET).

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