In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Vermilion Energy (TSX: VET). Raymond James’ analyst Kurt Molnar reiterates their Buy rating on the shares, with a C$51 price target.
According to TipRanks.com, Molnar is ranked #4595 out of 4886 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vermilion Energy with a C$54.50 average price target, implying a 28.2% upside from current levels. In a report issued on September 20, RBC Capital also reiterated a Buy rating on the stock with a C$51 price target.
The company has a one-year high of C$50.46 and a one-year low of C$39.41. Currently, Vermilion Energy has an average volume of 571.9K.
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 Friday at C$42.52.