Vermilion Energy (VET) Receives a Buy from TD Securities


Shares of Vermilion Energy (VET) were revisited by a Wall Street analyst yesterday. Analyst Menno Hulshof from TD Securities rated Vermilion Energy (VET) a Buy, setting a C$41 price target.

According to TipRanks.com, Hulshof is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -15.7% and a 22.7% success rate. Hulshof covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Athabasca Oil Corporation, and Continental Resources.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vermilion Energy with a C$50.50 average price target.

Vermilion Energy’s market cap is currently C$4.68B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.85.

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$30.71.