Vermilion Energy Inc (TSE:VET) (NYSE:VET) has earned an average rating of “Buy” from the eight analysts that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$53.81.
Several analysts have recently issued reports on the stock. CIBC upped their target price on shares of Vermilion Energy from C$52.00 to C$55.00 in a research note on Tuesday, January 23rd. Barclays increased their price target on shares of Vermilion Energy from C$51.00 to C$59.00 in a research report on Wednesday, January 17th. National Bank Financial increased their price target on shares of Vermilion Energy from C$48.00 to C$54.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. TD Securities reduced their price target on shares of Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. set a C$50.00 price target on shares of Vermilion Energy and gave the company an “overweight” rating in a research report on Monday.
Vermilion Energy (TSE VET) traded up C$0.99 during midday trading on Monday, hitting C$42.52. 414,887 shares of the stock traded hands, compared to its average volume of 425,831. Vermilion Energy has a 12-month low of C$38.33 and a 12-month high of C$53.44. The company has a market cap of $5,050.00, a price-to-earnings ratio of 103.51 and a beta of 0.24.
The business also recently declared a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be given 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 6.07%. Vermilion Energy’s payout ratio is currently 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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