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

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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.

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Analyst Recommendations for Vermilion Energy (TSE:VET)

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