According to research reports from Wall Street equities research analysts, the high forecast for Vermilion Energy (VET) stock is C$24.00 over the next twelve months.
This high target represents the most optimistic projection among a group of 11 different equities research analysts who provide twelve-month price targets for Vermilion Energy. These forecasts offer an insight into professional market expectations for the stock's potential performance.
Analyst Stock Price Forecasts for Vermilion Energy (VET)
To provide a comprehensive understanding of the analyst sentiment, here is a detailed breakdown of the various price targets:
| Forecast Type | Price (CAD) | Number of Analysts |
|---|---|---|
| High Forecast | C$24.00 | 11 |
| Average Forecast | C$19.36 | 11 |
| Low Forecast | C$15.00 | 11 |
The average forecast of C$19.36 indicates the general consensus among these analysts, while the low forecast of C$15.00 reflects the most conservative expectation within the surveyed group.
Understanding Stock Forecasts
Stock price forecasts, such as those provided for Vermilion Energy (VET), are professional estimations of a stock's future value over a specified period. These projections are based on detailed analysis of various factors, including the company's financial performance, industry trends, economic conditions, and market sentiment. While they offer valuable insights, it's crucial to remember that forecasts are predictive in nature and are not guarantees of future performance. Actual stock prices can fluctuate significantly due to market volatility, unforeseen company developments, or broader economic shifts.
