Stifel Nicolaus analyst Cody Kwong maintained a Buy rating on Vermilion Energy (VET – Research Report) today and set a price target of C$22.00. The company’s shares closed today at $12.01.
According to TipRanks, Kwong is a top 100 analyst with an average return of 24.8% and a 56.63% success rate. Kwong covers the Energy sector, focusing on stocks such as Enerplus, Obsidian Energy, and Vermilion Energy.
Currently, the analyst consensus on Vermilion Energy is a Strong Buy with an average price target of $15.31, implying a 27.48% upside from current levels. In a report released today, Desjardins also maintained a Buy rating on the stock with a C$21.00 price target.
VET market cap is currently $1.9B and has a P/E ratio of -11.41.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is neutral on the stock.
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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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