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Vermilion Energy (VET) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Apr 9, 2:12PM CDT

In a report released today, Gregory Pardy from RBC Capital maintained a Hold rating on Vermilion Energy, with a price target of C$22.00.

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According to TipRanks, Pardy is a top 100 analyst with an average return of 23.5% and a 65.53% success rate. Pardy covers the Energy sector, focusing on stocks such as Imperial Oil, Canadian Natural, and Suncor Energy.

In addition to RBC Capital, Vermilion Energy also received a Hold from TipRanks – OpenAI’s OpenAI Oil and Gas Exploration and Production in a report issued on March 26. However, yesterday, ATB Cormark Capital Markets maintained a Buy rating on Vermilion Energy (NYSE: VET).

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

VET market cap is currently C$2.98B 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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