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A statement released today by Desjardins Securities about Vermilion Energy (TSE:VET) raises the target price to $67.00

Vermilion Energy (TSE:VET) had its stock price target increased to $67.00 by Desjardins Securities in a report released 12/21/2016. The new price target implies a potential upside of 0.16% from the company's previous stock price.

On 12/15/2016, RBC Capital Markets released a statement for Vermilion Energy (TSE:VET) bumped up the target price from $53.00 to $56.00 that suggested a downside of -0.02%.

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With a total market value of $0, Vermilion Energy has with a 52 week low of $29.71 and a 52 week high of $58.98 .

A total of 15 brokerages have issued a ratings update on VET. One equity analyst rating the company a strong buy, 12 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $43.72.

Brief Synopsis On Vermilion Energy (TSE:VET)

Vermilion Energy Inc. (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company's segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate. Vermilion has operations in three areas: North America, Europe, and Australia. It engages in the drilling and operation of Cardium, Midale and Mannville wells.

The post A statement released today by Desjardins Securities about Vermilion Energy (TSE:VET) raises the target price to $67.00 appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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A statement released today by Desjardins Securities about Vermilion Energy (TSE:VET) raises the target price to $67.00

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