Vermilion Energy (TSE:VET) (NYSE:VET) had its target price hoisted by Barclays from C$51.00 to C$59.00 in a research report sent to investors on Wednesday, January 17th.
A number of other research analysts have also issued reports on the stock. BMO Capital Markets dropped their price objective on shares of Vermilion Energy from C$51.00 to C$48.00 in a report on Tuesday, October 10th. National Bank Financial raised their price objective on shares of Vermilion Energy from C$48.00 to C$54.00 and gave the company an outperform rating in a report on Tuesday, January 9th. Finally, TD Securities dropped their price objective on shares of Vermilion Energy from C$51.00 to C$50.00 and set a buy rating for the company in a report on Tuesday, October 31st. Six research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus target price of C$53.81.
Vermilion Energy (VET) traded up C$0.83 during mid-day trading on Wednesday, hitting C$42.36. 518,099 shares of the stock were exchanged, compared to its average volume of 430,465. The company has a market capitalization of $5,050.00, a PE ratio of 103.32 and a beta of 0.24. Vermilion Energy has a 52-week low of C$38.33 and a 52-week high of C$53.44.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be issued a dividend of $0.215 per share. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $2.58 annualized dividend and a yield of 6.09%. Vermilion Energy’s payout ratio is 629.27%.
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Vermilion Energy Company Profile
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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