CIBC’s Take on This Canadian Energy Stock


In a new note to investors yesterday, an analyst has provided a rating update for the Materials sector company, Vermilion Energy (TSX: VET). CIBC’s analyst David Popowich reiterates their Buy rating on the shares.

According to TipRanks.com, Popowich is ranked #1828 out of 4877 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vermilion Energy with a C$57 average price target.

Vermilion Energy’s market cap is currently C$6.39B and has a P/E ratio of 0. The company has a Price to Book ratio of 2.41.

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 Wednesday at C$41.96.

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