RBC Capital Reaffirms Their Hold Rating on Vermilion Energy (VET)

By Ryan Adsit

RBC Capital analyst Gregory Pardy maintained a Hold rating on Vermilion Energy (VETResearch Report) today and set a price target of C$24.00. The company’s shares closed last Monday at $14.88, close to its 52-week low of $13.62.

According to TipRanks.com, Pardy is a 2-star analyst with an average return of -0.1% and a 44.9% success rate. Pardy covers the Basic Materials sector, focusing on stocks such as Imperial Oil Limited, Baytex Energy Corp, and Cenovus Energy Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vermilion Energy with a $23.27 average price target.

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Vermilion Energy’s market cap is currently $2.33B and has a P/E ratio of 8.78. The company has a Price to Book ratio of 1.17.

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Vermilion Energy, Inc.engages in the business of acquisition, exploration, development, and production of oil and natural gas. It operates through the following segments: Australia, Canada, France, Ireland, Germany, United States of America, the Netherlands, and Corporate.