Vermilion Energy Inc. (TSE:VET) Given Average Recommendation of "Moderate Buy" by Analysts

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has been assigned an average recommendation of "Moderate Buy" from the eight research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$14.89.

VET has been the topic of several recent analyst reports. Desjardins raised shares of Vermilion Energy from a "hold" rating to a "moderate buy" rating and upped their price target for the company from C$11.00 to C$11.50 in a report on Friday, June 6th. CIBC cut their target price on shares of Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. 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. BMO Capital Markets decreased their price target on Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. Finally, Royal Bank Of Canada upped their price objective on Vermilion Energy from C$14.00 to C$16.00 and gave the company a "sector perform" rating in a research note on Thursday, May 8th.

Vermilion Energy Stock Down 0.8%

VET traded down C$0.08 on Tuesday, reaching C$10.16. The company's stock had a trading volume of 1,006,333 shares, compared to its average volume of 840,743. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.70. The business's 50 day moving average is C$9.52 and its 200 day moving average is C$11.36. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The stock has a market cap of C$1.57 billion, a price-to-earnings ratio of -1.91, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

Vermilion Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 5.12%. Vermilion Energy's payout ratio is currently -9.03%.

Insider Activity

In other news, Senior Officer Randy Lee Ernest Mcquaig purchased 3,600 shares of the stock in a transaction dated Tuesday, May 27th. The stock was acquired at an average price of C$8.85 per share, for a total transaction of C$31,860.00. Corporate insiders own 0.16% of the company's stock.

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.