CIBC Remains a Hold on Vermilion Energy (VET)
In a report released today, Dennis Fong from CIBC maintained a Hold rating on Vermilion Energy, with a price target of C$14.00.
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According to TipRanks, Fong is a 4-star analyst with an average return of 5.3% and a 48.50% success rate. Fong covers the Energy sector, focusing on stocks such as Baytex Energy, Cenovus Energy, and Ovintiv.
The word on The Street in general, suggests a Hold analyst consensus rating for Vermilion Energy with a $9.98 average price target.
VET market cap is currently C$1.91B and has a P/E ratio of -7.99.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is neutral on the stock.
Read More on VET:
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- Vermilion Energy price target raised to C$14 from C$13 at TD Securities
- Vermilion Energy price target raised to C$13 from C$12 at BMO Capital
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- Vermilion Energy Reduces Stake in Coelacanth Energy
- Vermilion Energy to Host Investor Day Highlighting Global Gas Portfolio
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