What Next for Vermilion Energy Inc Stock After Today’s Huge Decline?

 What Next for Vermilion Energy Inc Stock After Today's Huge Decline?

The stock of Vermilion Energy Inc (TSE:VET) is a huge mover today! About 62,689 shares traded hands. Vermilion Energy Inc (TSE:VET) has risen 50.17% since April 7, 2016 and is uptrending. It has outperformed by 44.02% the S&P500.
The move comes after 8 months negative chart setup for the $5.92B company. It was reported on Nov, 11 by Barchart.com. We have $49.12 PT which if reached, will make TSE:VET worth $355.20M less.

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 4.11% above today’s ($52.26) stock price. Vermilion Energy Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the shares of VET in a report on Wednesday, June 29 with “Outperform” rating. Dundee Securities downgraded the shares of VET in a report on Tuesday, January 12 to “Neutral” rating. The company was maintained on Wednesday, June 29 by Barclays Capital. The stock has “Buy” rating given by Desjardins Securities on Tuesday, August 11. The company was initiated on Wednesday, June 15 by IBC. The stock has “Buy” rating given by TD Securities on Tuesday, August 11. The stock of Vermilion Energy Inc (TSE:VET) earned “Outperform” rating by RBC Capital Markets on Friday, January 29. Goldman Sachs downgraded the stock to “Sell” rating in Thursday, November 5 report.

More notable recent Vermilion Energy Inc (TSE:VET) news were published by: Marketwatch.com which released: “Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for December 15, 2016 …” on November 10, 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: Prnewswire.com and their article: “Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino …” published on November 30, 2015 as well as Prnewswire.com‘s news article titled: “Vermilion Energy Inc. Announces Farm-in Agreement in Germany” with publication date: July 28, 2015.

Vermilion Energy Inc. is a Canada international gas and oil producer. The company has a market cap of $5.92 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment