Could Vermilion Energy Inc Change Direction After Today’s Huge Increase?

 Could Vermilion Energy Inc Change Direction After Today's Huge Increase?

The stock of Vermilion Energy Inc (TSE:VET) is a huge mover today! About 90,148 shares traded hands. Vermilion Energy Inc (TSE:VET) has risen 46.04% since April 11, 2016 and is uptrending. It has outperformed by 42.11% the S&P500.
The move comes after 7 months positive chart setup for the $6.32 billion company. It was reported on Nov, 15 by Barchart.com. We have $79.63 PT which if reached, will make TSE:VET worth $2.84 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 -0.93% below today’s ($54.92) stock price. Vermilion Energy Inc. has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. IBC initiated the stock with “Outperform” rating in Wednesday, June 15 report. The company was maintained on Tuesday, August 11 by TD Securities. The company was maintained on Friday, January 29 by RBC Capital Markets. Dundee Securities downgraded it to “Neutral” rating and $40 target price in Tuesday, January 12 report. The stock of Vermilion Energy Inc (TSE:VET) has “Buy” rating given on Tuesday, August 11 by Desjardins Securities. The firm has “Overweight” rating given on Wednesday, June 29 by Barclays Capital. Scotia Capital maintained it with “Outperform” rating and $52.50 target price in Wednesday, June 29 report. The stock has “Sell” rating given by Goldman Sachs on Thursday, November 5.

More important recent Vermilion Energy Inc (TSE:VET) news were published by: Forbes.com which released: “Vermilion Energy (VET) Shares Cross 6% Yield Mark” on July 25, 2016, also Prnewswire.com published article titled: “Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for December 15, 2016 …”, Prnewswire.com published: “Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino …” on November 30, 2015. More interesting news about Vermilion Energy Inc (TSE:VET) was released by: Prnewswire.com and their article: “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 $6.32 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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