Vermilion Energy Inc. (TSE:VET) Receives C$14.67 Average Price Target from Analysts

Key Points

• Vermilion Energy Inc. has received a consensus rating of "Moderate Buy" from six brokerages, with an average twelve-month target price of C$14.67.
• Senior Officer Randy Lee Ernest Mcquaig recently purchased 3,600 shares at an average price of C$8.85, indicating insider confidence in the stock.
• The company's dividend yield stands at 5.2%, having declared a quarterly dividend of $0.13 paid on July 15th.

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have received a consensus rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$14.67.

A number of equities analysts recently weighed in on the stock. Desjardins upgraded shares of Vermilion Energy from a "hold" rating to a "moderate buy" rating and upped their target price for the stock from C$11.00 to C$11.50 in a research report on Friday, June 6th. TD Securities reduced their price target on shares of Vermilion Energy from C$14.00 to C$12.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Royal Bank Of Canada boosted their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a "sector perform" rating in a research report on Thursday, May 8th. BMO Capital Markets boosted their price target on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the stock a "market perform" rating in a research report on Friday, August 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Vermilion Energy from C$10.00 to C$11.00 in a research report on Wednesday, April 23rd.

Vermilion Energy Price Performance

TSE:VET traded up C$0.01 during trading hours on Wednesday, hitting C$10.11. 674,349 shares of the stock traded hands, compared to its average volume of 806,388. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.17. The company has a market cap of C$1.57 billion, a price-to-earnings ratio of -1.90, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The stock has a 50 day moving average price of C$10.68 and a 200 day moving average price of C$10.63.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 5.1%. The ex-dividend date was Monday, June 30th. Vermilion Energy's dividend payout ratio is presently -9.03%.

Insider Transactions at Vermilion Energy

In other news, Senior Officer Randy Lee Ernest Mcquaig purchased 3,600 shares of the stock in a transaction dated Tuesday, May 27th. The shares were acquired at an average cost of C$8.85 per share, for a total transaction of C$31,860.00. 0.16% of the stock is currently owned by insiders.

Vermilion Energy Company Profile

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.