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Vermilion Energy (VET) was upgraded to a Buy Rating at ATB Cormark Capital Markets

Tipranks - Tipranks - Sat Mar 28, 7:28AM CDT

Vermilion Energy received a Buy rating and a C$24.00 price target from ATB Cormark Capital Markets analyst Amir Arif today.

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According to TipRanks, Arif is a 5-star analyst with an average return of 73.3% and a 41.03% success rate.

In addition to ATB Cormark Capital Markets, Vermilion Energy also received a Buy from TipRanks – PerPlexity’s PerPlexity Oil and Gas Exploration and Production in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Vermilion Energy (NYSE: VET).

See today’s best-performing stocks on TipRanks >>

VET market cap is currently C$2.81B and has a P/E ratio of -2.69.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VET in relation to earlier this year.

Read More on VET:

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