Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Vermilion Energy Inc (NYSE: VET) improved in the last week. VET’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/14/24, Vermilion Energy Inc (NYSE: VET) stock declined modestly by -2.0%, closing at $10.88. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -6.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, VET is expected to be Value Creation neutral.
Vermilion Energy has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Vermilion Energy has a good Appreciation Score of 84 but a very low Power Rating of 4, with the Low Neutral Value Trend Rating the result.
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