Analyst Provides Guidance for This Canadian Energy Stock


According to The Fly, shares of Vermilion Energy (TSX: VET) were revisited by a Wall Street analyst on October 25. The company received a Hold on October 25 from BMO Capital’s analyst Ray Kwan, with a C$45 price target.

According to TipRanks.com, Kwan is ranked 0 out of 5 stars with an average return of -8.0% and a 34.8% success rate. Kwan covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Crescent Point Energy, and NuVista Energy Ltd.

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Vermilion Energy has an analyst consensus of Strong Buy, with a price target consensus of C$54.93.

The company has a one-year high of C$50.46 and a one-year low of C$34.14. Currently, Vermilion Energy has an average volume of 687.2K.

Vermilion Energy, Inc.engages in the business of acquisition, exploration, development and production of oil and natural gas. It has operations in Australia, Canada, France, Ireland, Germany, United States of America and the Netherlands.

The company’s shares closed on Monday at C$34.70, close to its 52-week low of C$34.14.

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