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Vermilion Energy (VET) Receives a Hold from RBC Capital

Tipranks - Tipranks - Wed May 20, 6:04AM CDT

RBC Capital analyst Gregory Pardy maintained a Hold rating on Vermilion Energy today and set a price target of C$24.00.

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Pardy covers the Energy sector, focusing on stocks such as Imperial Oil, Cenovus Energy, and Athabasca Oil. According to TipRanks, Pardy has an average return of 23.9% and a 65.98% success rate on recommended stocks.

In addition to RBC Capital, Vermilion Energy also received a Hold from TD Cowen’s Menno Hulshof in a report issued on May 7. However, on May 6, ATB Cormark Capital Markets maintained a Buy rating on Vermilion Energy (NYSE: VET).

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VET market cap is currently C$2.69B and has a P/E ratio of -5.03.

Based on the recent corporate insider activity of 51 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.

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