Vermilion Energy (TSE:VET) Price Target Raised to C$16.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target hoisted by ATB Capital from C$14.00 to C$16.00 in a report published on Thursday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Several other equities analysts also recently weighed in on VET. National Bankshares reduced their price target on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a report on Wednesday, October 22nd. Desjardins boosted their price objective on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a report on Monday, November 24th. TD Securities upped their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday. Scotiabank lifted their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Finally, BMO Capital Markets upped their target price on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$14.00.

Vermilion Energy Stock Down 2.1%

Shares of TSE:VET opened at C$11.86 on Thursday. The stock’s 50-day moving average is C$11.58 and its 200 day moving average is C$10.91. The company has a market cap of C$1.82 billion, a PE ratio of -7.80, a P/E/G ratio of -0.02 and a beta of 0.82. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$15.11.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%.The firm had revenue of C$452.18 million for the quarter. Sell-side analysts anticipate that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be paid a $0.13 dividend. The ex-dividend date is Monday, December 15th. This represents a $0.52 annualized dividend and a yield of 4.4%. Vermilion Energy’s payout ratio is presently -33.55%.

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.