Vermilion Energy Inc. (TSE:VET) Receives Average Recommendation of “Moderate Buy” from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$14.89.

Several research firms have recently issued reports on VET. JPMorgan Chase & Co. boosted their price target on shares of Vermilion Energy from C$10.00 to C$11.00 in a research report on Wednesday, April 23rd. Royal Bank Of Canada boosted their price target on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 8th. CIBC cut their price objective on shares of Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. Desjardins raised shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$11.00 to C$11.50 in a research note on Friday, June 6th. Finally, TD Securities lowered their price target on shares of Vermilion Energy from C$14.00 to C$12.00 and set a “buy” rating for the company in a report on Thursday, May 8th.

Vermilion Energy Stock Up 0.5%

Vermilion Energy stock opened at C$10.83 on Friday. Vermilion Energy has a fifty-two week low of C$7.29 and a fifty-two week high of C$15.32. The stock has a market cap of C$1.68 billion, a PE ratio of -2.04, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm’s 50-day simple moving average is C$10.06 and its 200 day simple moving average is C$11.07. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.80%. The ex-dividend date was Monday, June 30th. Vermilion Energy’s payout ratio is currently -9.03%.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Senior Officer Randy Lee Ernest Mcquaig bought 3,600 shares of the business’s stock in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average cost of C$8.85 per share, with a total value of C$31,860.00. Company insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

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.