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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (79213)	3/10/2020 8:11:36 AM
From: Goose94	Read Replies (1) of 202371

Vermilion Energy (VET-T) three equity analysts have lowered their ratings for Vermilion Energy in the wake of cutting its dividend in half due to weakness in commodity prices and reducing its outlook due to the coronavirus. CIBC World Markets analyst David Popowich downgraded the Calgary-based company to "neutral" from "outperformer" with a share target of $12, down from $25. Analysts on average target the shares at $19.75. Scotia Capital analyst Patrick Bryden lowered his rating to "sector perform" from "sector outperform" with a $16 share target, down from $28. Raymond James analyst Chris Cox moved his call on Vermilion to "market perform" from "outperform" with a $19 share target. July 31, 2019, that Canaccord Genuity analyst Dennis Fong continued to rate Vermilion "buy," while hiking his share target to $40 from $45. The shares were then worth $22.82. Oct. 3, 2019, that National Bank Financial analyst Travis Wood had downgraded Vermilion to "sector perform" from "outperform" with a $24 share target. The shares could then be had for $20.21.

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