Vermilion Energy Inc. (TSE:VET) Given Average Rating of “Moderate Buy” by Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$15.72.

VET has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Vermilion Energy from C$10.00 to C$11.00 in a report on Wednesday, April 23rd. Atb Cap Markets lowered shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. National Bankshares boosted their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. BMO Capital Markets cut their target price on Vermilion Energy from C$16.00 to C$14.00 in a research report on Thursday, March 6th. Finally, Desjardins downgraded Vermilion Energy from a “buy” rating to a “hold” rating and lowered their price target for the company from C$19.00 to C$14.00 in a research report on Wednesday, March 19th.

Vermilion Energy Stock Performance

TSE VET opened at C$8.73 on Monday. The business’s 50-day moving average price is C$10.17 and its 200 day moving average price is C$12.44. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$17.15. The company has a market capitalization of C$1.35 billion, a PE ratio of -1.64, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.13 dividend. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 31st. This represents a $0.52 annualized dividend and a yield of 5.96%. 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.