The Globe and Mail reports in its Tuesday, March 10, edition that Desjardins Securities analyst Chris MacCulloch continues to rate Vermilion Energy "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. MacCulloch share target climbed $2.50 to $16. Analysts on average target the shares at $15. Mr. MacCulloch says in a note: "Operational execution remains a mixed bag, with renewed downtime at Wandoo overshadowing an otherwise solid print, which reinforces our preference for a more focused portfolio. To that end, we remain cautious on the stock in view of elevated debt levels and muted near-term growth while acknowledging the potential for resurgent European natural gas prices to provide a material FCF lift." The Globe reported on Oct. 17 that Mr. MacCulloch had downgraded Vermilion Energy to "hold" from "buy." The shares were then going for $10.12. The Globe reported on Feb. 4 that National Bank analysts Dan Payne and Travis Wood had rated Vermilion Energy "outperform." The shares could then be had for $13.65.