Vermilion Energy Inc. (TSE:VET) Receives C$19.12 Average Price Target from Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is C$19.75.

Several equities research analysts have recently commented on the stock. National Bank Financial dropped their target price on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. BMO Capital Markets boosted their price target on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. TD Securities raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada increased their price target on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 19th. Finally, TD raised their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Friday, July 31st.

Vermilion Energy Price Performance

VET opened at C$15.51 on Wednesday. The stock’s 50 day simple moving average is C$14.62 and its 200 day simple moving average is C$15.48. The company has a debt-to-equity ratio of 62.68, a current ratio of 1.00 and a quick ratio of 0.40. Vermilion Energy has a 1 year low of C$9.71 and a 1 year high of C$20.31. The firm has a market cap of C$2.37 billion, a price-to-earnings ratio of -5.35, a PEG ratio of -0.02 and a beta of 0.22.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. The firm had revenue of C$563.07 million during the quarter. As a group, analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were paid a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, June 15th. Vermilion Energy’s dividend payout ratio is presently -18.28%.

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.