Group 1 - Vermilion Energy (VET) shares have increased by 5.9% over the past four weeks, closing at $7.95, with a mean price target of $10 indicating a potential upside of 25.8% [1] - The average price targets from analysts range from a low of $7.56 to a high of $12.52, with a standard deviation of $1.57, suggesting variability in estimates [2] - Analysts have shown strong agreement in revising VET's earnings estimates higher, which correlates with potential stock price increases [4][11] Group 2 - The Zacks Consensus Estimate for VET's current year earnings has increased by 152.2% over the last 30 days, indicating positive sentiment among analysts [12] - VET holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting the extent of VET's gains, they can provide guidance on the direction of price movement [14]
Wall Street Analysts Think Vermilion (VET) Could Surge 25.79%: Read This Before Placing a Bet