Analysts Set Vermilion Energy Inc. (TSE:VET) Target Price at C$13.67

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$13.67.

Several analysts have commented on the company. Scotiabank increased their target price on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. National Bankshares cut their target price on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. Desjardins downgraded Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research note on Thursday, October 16th. Finally, BMO Capital Markets increased their target price on Vermilion Energy from C$10.50 to C$12.00 and gave the company a “market perform” rating in a research note on Friday, August 8th.

Vermilion Energy Stock Performance

Shares of VET opened at C$10.35 on Monday. The business’s fifty day simple moving average is C$10.69 and its two-hundred day simple moving average is C$10.20. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. Vermilion Energy has a 12 month low of C$7.29 and a 12 month high of C$15.17. The company has a market cap of C$1.60 billion, a price-to-earnings ratio of -8.48, a P/E/G ratio of -0.02 and a beta of 0.62.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, September 29th. Vermilion Energy’s dividend payout ratio is presently -40.98%.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.