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

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have been given a consensus rating of "Moderate Buy" by the eight research firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$14.89.

A number of research analysts have recently commented on VET shares. CIBC dropped their price target on Vermilion Energy from C$17.00 to C$14.00 in a research report on Thursday, April 10th. Desjardins upgraded Vermilion Energy from a "hold" rating to a "moderate buy" rating and boosted their price objective for the company from C$11.00 to C$11.50 in a research note on Friday, June 6th. Royal Bank Of Canada boosted 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. TD Securities decreased their price objective on Vermilion Energy from C$14.00 to C$12.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Vermilion Energy from C$10.00 to C$11.00 in a research note on Wednesday, April 23rd.

Vermilion Energy Stock Down 4.6%

VET stock opened at C$10.67 on Tuesday. The stock's fifty day simple moving average is C$9.44 and its two-hundred day simple moving average is C$11.40. 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 1-year low of C$7.29 and a 1-year high of C$15.75. The stock has a market cap of C$1.65 billion, a P/E ratio of -2.01, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th will be given a dividend of $0.13 per share. The ex-dividend date is Monday, June 30th. This represents a $0.52 annualized dividend and a yield of 4.87%. Vermilion Energy's payout ratio is -9.03%.

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.

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