Brokerages Set Vermilion Energy Inc. (TSE:VET) Price Target at C$14.50

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$14.61.

VET has been the topic of a number of recent analyst reports. National Bank Financial boosted their target price on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Desjardins lifted their price objective on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research report on Monday, November 24th. Royal Bank Of Canada upped their target price on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a report on Thursday. Scotiabank raised their target price on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Finally, ATB Cormark Capital Markets boosted their price target on Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 11th.

Vermilion Energy Stock Down 1.6%

VET stock opened at C$15.51 on Friday. The company has a market cap of C$2.38 billion, a price-to-earnings ratio of -10.20, a P/E/G ratio of -0.02 and a beta of 1.24. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$16.39. The business has a 50 day moving average price of C$13.10 and a two-hundred day moving average price of C$11.85. The company has a quick ratio of 0.40, a current ratio of 0.81 and a debt-to-equity ratio of 48.94.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.4%. Vermilion Energy’s payout ratio is presently -33.55%.

Insiders Place Their Bets

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was acquired at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at C$578,000. This trade represents a 11.11% increase in their position. 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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.