Vermilion Energy Inc. (TSE:VET) Given Consensus Rating of "Moderate Buy" by Brokerages

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has earned an average recommendation of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$15.17.

Several research firms have recently weighed in on VET. CIBC cut their target price on shares of Vermilion Energy from C$17.00 to C$14.00 in a report on Thursday, April 10th. TD Securities dropped their target price on 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. Desjardins lowered Vermilion Energy from a "buy" rating to a "hold" rating and cut their price target for the company from C$19.00 to C$14.00 in a research note on Wednesday, March 19th. JPMorgan Chase & Co. increased their price target on Vermilion Energy from C$10.00 to C$11.00 in a research report on Wednesday, April 23rd. Finally, BMO Capital Markets cut their price objective on Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th.

Vermilion Energy Stock Performance

VET traded down C$0.28 during trading on Friday, reaching C$8.92. 3,273,978 shares of the company's stock were exchanged, compared to its average volume of 803,878. 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 capitalization of C$1.38 billion, a P/E ratio of -1.68, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company's fifty day simple moving average is C$9.23 and its 200-day simple moving average is C$11.85. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$17.09.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.13 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 5.83%. This is a boost from Vermilion Energy's previous quarterly dividend of $0.12. Vermilion Energy's dividend payout ratio (DPR) is currently -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.