Vermilion Energy Inc. (TSE:VET) Receives Consensus Rating of “Moderate Buy” from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given a consensus rating of “Moderate Buy” by the ten brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$17.06.

VET has been the topic of several recent research reports. TD Securities decreased their price target on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday, December 20th. ATB Capital dropped their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research note on Monday, December 30th. BMO Capital Markets reduced their price objective on shares of Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. National Bankshares raised their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada cut their target price on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Monday, December 30th.

Vermilion Energy Trading Up 20.3 %

Shares of TSE VET opened at C$9.29 on Thursday. Vermilion Energy has a 1-year low of C$7.29 and a 1-year high of C$17.56. 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 business’s 50 day moving average is C$11.62 and its two-hundred day moving average is C$13.02. The stock has a market capitalization of C$1.44 billion, a P/E ratio of -1.75, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 5.60%. Vermilion Energy’s dividend payout ratio is -9.03%.

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.