BMO Capital Sticks to Its Hold Rating for Vermilion Energy (VET)


According to The Fly, in a report issued on October 25, Ray Kwan from BMO Capital reiterated a Hold rating on Vermilion Energy (NYSE: VET). The company’s shares closed yesterday at $26.42, close to its 52-week low of $26.05.

According to TipRanks.com, Kwan has 0 stars on 0-5 star ranking scale 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.

Currently, the analyst consensus on Vermilion Energy is a Strong Buy with an average price target of $41.

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The company has a one-year high of $40.59 and a one-year low of $26.05. Currently, Vermilion Energy has an average volume of 172.8K.

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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.

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