The Materials sector company, Vermilion Energy (TSX: VET), has received a rating update from a Wall Street analyst yesterday. CIBC’s analyst David Popowich reiterates their Buy rating on the shares.
Popowich has an average return of 3.4% when recommending Vermilion Energy.
According to TipRanks.com, Popowich is ranked #1594 out of 4840 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vermilion Energy with a C$57 average price target, implying a 20.3% upside from current levels. In a report issued on July 5, AltaCorp Captial also reiterated a Buy rating on the stock with a C$60 price target.
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The company has a one-year high of C$50.46 and a one-year low of C$38.33. Currently, Vermilion Energy has an average volume of 762.9K.
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 Thursday at C$47.38.
