Is Buying Vermilion Energy Inc Here a Winning Strategy?

 Is Buying Vermilion Energy Inc Here a Winning Strategy?

The stock of Vermilion Energy Inc (TSE:VET) is a huge mover today! About 358,517 shares traded hands. Vermilion Energy Inc (TSE:VET) has risen 39.12% since March 28, 2016 and is uptrending. It has outperformed by 36.10% the S&P500.
The move comes after 5 months positive chart setup for the $6.07 billion company. It was reported on Nov, 1 by Barchart.com. We have $84.53 PT which if reached, will make TSE:VET worth $3.46 billion more.

Vermilion Energy Inc (TSE:VET) Ratings Coverage

Out of 8 analysts covering Vermilion Energy Inc. (TSE:VET), 6 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 75% are positive. $69 is the highest target while $40 is the lowest. The $54.41 average target is 1.06% above today’s ($53.84) stock price. Vermilion Energy Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was downgraded by Dundee Securities on Tuesday, January 12 to “Neutral”. The stock of Vermilion Energy Inc (TSE:VET) earned “Sell” rating by Goldman Sachs on Thursday, November 5. As per Tuesday, August 11, the company rating was maintained by TD Securities. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 29. The stock has “Buy” rating given by Desjardins Securities on Tuesday, August 11. The firm earned “Outperform” rating on Wednesday, June 29 by Scotia Capital. The stock has “Outperform” rating given by IBC on Wednesday, June 15. The firm has “Overweight” rating by Barclays Capital given on Wednesday, June 29.

More notable recent Vermilion Energy Inc (TSE:VET) news were published by: Prnewswire.com which released: “Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended …” on October 31, 2016, also Forbes.com with their article: “Vermilion Energy (VET) Shares Cross 6% Yield Mark” published on July 25, 2016, Prnewswire.com published: “Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for November 15, 2016 …” on October 14, 2016. More interesting news about Vermilion Energy Inc (TSE:VET) were released by: Streetinsider.com and their article: “Form 6-K VERMILION ENERGY INC. For: Oct 28” published on October 28, 2016 as well as Prnewswire.com‘s news article titled: “Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino …” with publication date: November 30, 2015.

Vermilion Energy Inc. is a Canada international gas and oil producer. The company has a market cap of $6.07 billion. The Firm is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. It currently has negative earnings. The Company’s divisions are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its activities in France in the Paris and Aquitaine basins; Netherlands, which relates to its activities in the Netherlands; Germany, which relates to its activities in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to activities on the Wandoo offshore crude oil field; the United States, which relates to its activities in Wyoming in the Powder River Basin, and Corporate.

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