In a report released today, Mike Murphy CFA from BMO Capital maintained a Hold rating on Vermilion Energy (VET – Research Report), with a price target of C$22.00. The company’s shares closed today at $15.09.
According to TipRanks, Murphy CFA is a 5-star analyst with an average return of 14.2% and a 63.77% success rate. Murphy CFA covers the Energy sector, focusing on stocks such as Baytex Energy, Obsidian Energy, and Athabasca Oil.
Currently, the analyst consensus on Vermilion Energy is a Moderate Buy with an average price target of $17.99, implying a 19.22% upside from current levels. In a report released today, Scotiabank also maintained a Hold rating on the stock with a C$23.00 price target.
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VET market cap is currently $2.45B and has a P/E ratio of 2.79.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VET in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vermilion Energy (VET) Company Description:
Vermilion Energy, Inc.engages in the business of acquisition, exploration, development, and production of oil and natural gas. It operates through the following segments: Australia, Canada, France, Ireland, Germany, United States of America, the Netherlands, and Corporate. The company was founded by Lorenzo Donadeo and Claudio A. Ghersinich in January 1994 and is headquartered in Calgary, Canada.
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