Vermilion Energy Inc. (TSE:VET) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Vermilion Energy Inc. received an average recommendation of "Moderate Buy" from six analysts, with three holding and three buying the stock, reflecting positive investor sentiment.
• The company has set an average 12-month price target of C$14.67 and recently announced a quarterly dividend of $0.13, yielding 4.7%.
• As of the latest report, Vermilion Energy shares are trading at C$11.17 with a market capitalization of C$1.72 billion and notable price fluctuations observed over the past year.

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have received an average recommendation of "Moderate Buy" from the six analysts that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$14.67.

Several equities analysts recently weighed in on VET shares. Desjardins raised shares of Vermilion Energy from a "hold" rating to a "moderate buy" rating and raised their target price for the company from C$11.00 to C$11.50 in a research note on Friday, June 6th. BMO Capital Markets raised their target price on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the company a "market perform" rating in a research note on Friday, August 8th.

Vermilion Energy Stock Performance

VET opened at C$11.17 on Thursday. The stock has a market capitalization of C$1.72 billion, a price-to-earnings ratio of -9.16, a PEG ratio of -0.02 and a beta of 0.70. The company has a fifty day moving average of C$10.67 and a 200 day moving average of C$10.17. Vermilion Energy has a fifty-two week low of C$7.29 and a fifty-two week high of C$15.17. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, September 29th. Vermilion Energy's dividend payout ratio (DPR) is presently -40.98%.

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.

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