Vermilion Energy Inc (TSE:VET) (NYSE:VET) has earned a consensus recommendation of “Buy” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$53.81.
VET has been the topic of a number of research reports. CIBC upped their price objective on Vermilion Energy from C$52.00 to C$55.00 in a report on Tuesday, January 23rd. Barclays upped their price objective on Vermilion Energy from C$51.00 to C$59.00 in a report on Wednesday, January 17th. National Bank Financial upped their price objective on Vermilion Energy from C$48.00 to C$54.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. TD Securities decreased their price objective on Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating on the stock in a report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. set a C$50.00 price objective on Vermilion Energy and gave the company an “overweight” rating in a report on Monday, February 12th.
Vermilion Energy (VET) traded up C$0.35 during mid-day trading on Monday, hitting C$42.48. The company has a market cap of $5,160.00, a price-to-earnings ratio of 103.61 and a beta of 0.24. Vermilion Energy has a 52 week low of C$38.33 and a 52 week high of C$53.44.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be issued a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Tuesday, February 27th. Vermilion Energy’s dividend payout ratio is 629.27%.
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About Vermilion Energy
Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.
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