BMO Capital Markets Lowers Vermilion Energy Inc (TSE:VET) Price Target to C$48.00
Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its target price decreased by BMO Capital Markets from C$50.00 to C$48.00 in a research report sent to investors on Thursday. BMO Capital Markets currently has an outperform rating on the stock.
Other research analysts have also issued reports about the company. Scotiabank reissued an outperform rating and set a C$62.50 target price on shares of Vermilion Energy in a report on Friday, April 7th. Royal Bank Of Canada reaffirmed a sector perform rating and issued a C$56.00 price objective on shares of Vermilion Energy in a report on Monday, April 10th. National Bank Financial decreased their price objective on Vermilion Energy from C$60.00 to C$49.00 in a report on Friday, June 23rd. Barclays PLC decreased their price objective on Vermilion Energy from C$64.00 to C$50.00 in a report on Monday, July 24th. Finally, TD Securities decreased their price objective on Vermilion Energy from C$60.00 to C$59.00 and set a buy rating on the stock in a report on Monday, May 1st. Eight investment analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average target price of C$55.50.
Vermilion Energy (VET) opened at 41.79 on Thursday. The company has a market capitalization of $5.06 billion and a PE ratio of 67.40. The company has a 50-day moving average price of $41.46 and a 200 day moving average price of $47.72. Vermilion Energy has a 12 month low of $38.60 and a 12 month high of $58.98.
Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, July 26th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.36. The business had revenue of $271.39 million for the quarter. Vermilion Energy had a return on equity of 11.20% and a net margin of 18.15%. On average, equities research analysts forecast that Vermilion Energy will post $0.77 EPS for the current fiscal year.
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The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 28th will be issued a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date of this dividend is Wednesday, July 26th.
In other news, insider Mona Jean Jasinski sold 6,500 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of C$46.90, for a total transaction of C$304,850.00.
Vermilion Energy Company Profile
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