Vermilion Energy (TSE:VET) Price Target Lowered to C$37.00 at Stifel Nicolaus

Vermilion Energy (TSE:VETGet Rating) (NYSE:VET) had its price objective decreased by Stifel Nicolaus from C$42.00 to C$37.00 in a research note issued to investors on Tuesday, BayStreet.CA reports.

Other research analysts have also issued research reports about the company. National Bankshares increased their price target on Vermilion Energy from C$48.00 to C$50.00 in a report on Friday, September 30th. Scotiabank dropped their target price on Vermilion Energy from C$40.00 to C$32.00 in a report on Monday. TD Securities dropped their target price on Vermilion Energy from C$38.00 to C$35.00 and set a buy rating on the stock in a report on Monday. JPMorgan Chase & Co. dropped their target price on Vermilion Energy from C$34.00 to C$33.00 in a report on Monday, December 5th. Finally, BMO Capital Markets dropped their target price on Vermilion Energy from C$32.00 to C$25.00 in a report on Monday. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of C$35.30.

Vermilion Energy Stock Down 1.8 %

Shares of TSE:VET opened at C$19.87 on Tuesday. The business’s 50 day simple moving average is C$25.30 and its two-hundred day simple moving average is C$28.60. The firm has a market cap of C$3.24 billion and a P/E ratio of 2.65. The company has a debt-to-equity ratio of 50.64, a quick ratio of 0.40 and a current ratio of 0.61. Vermilion Energy has a 52-week low of C$17.07 and a 52-week high of C$39.21.

Vermilion Energy (TSE:VETGet Rating) (NYSE:VET) last announced its quarterly earnings results on Wednesday, November 9th. The company reported C$1.61 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.22 by C($0.61). The business had revenue of C$964.68 million during the quarter. As a group, research analysts forecast that Vermilion Energy will post 9.0100004 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 16th. Investors of record on Monday, January 16th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, December 29th. Vermilion Energy’s payout ratio is 2.67%.

Vermilion Energy Company Profile

(Get Rating)

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. The company owns 81% working interest in 636,714 net acres of developed land and 85% working interest in 301,026 net acres of undeveloped land in Canada; 130,715 net acres of land in the Powder River basin in the United States; 96% working interest in 248,873 net acres of developed land and 86% working interest in 134,160 net acres of undeveloped land in the Aquitaine and Paris Basins in France; 53% working interest in 901,791 net acres of land in the Netherlands; 54,625 net developed acres and 920,723 net undeveloped acres in Germany; 975,375 net acres land in Croatia; 946,666 net acres land in Hungary; and 48,954 net acres land in Slovakia.

See Also

Analyst Recommendations for Vermilion Energy (TSE:VET)

Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with's FREE daily email newsletter.