Vermilion Energy (TSE:VET – Get Free Report) (NYSE:VET) had its target price reduced by analysts at Canaccord Genuity Group from C$22.50 to C$20.00 in a research report issued on Friday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 36.43% from the company’s previous close.
Several other equities analysts have also recently commented on VET. BMO Capital Markets reduced their target price on Vermilion Energy from C$22.00 to C$19.00 in a research note on Tuesday, December 12th. Royal Bank of Canada dropped their target price on shares of Vermilion Energy from C$23.00 to C$20.00 and set a “sector perform” rating for the company in a research report on Friday. CIBC reduced their price target on shares of Vermilion Energy from C$26.00 to C$22.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 16th. Stifel Nicolaus lowered their price objective on Vermilion Energy from C$27.00 to C$24.00 in a report on Thursday, December 14th. Finally, JPMorgan Chase & Co. upped their price objective on Vermilion Energy from C$23.00 to C$24.00 and gave the company a “buy” rating in a research note on Tuesday, January 16th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$21.88.
Read Our Latest Stock Analysis on Vermilion Energy
Vermilion Energy Trading Down 3.4 %
About Vermilion Energy
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.
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