Analysts Set Vermilion Energy Inc. (TSE:VET) Price Target at C$14.67

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$14.67.

Separately, BMO Capital Markets boosted their price objective on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the company a “market perform” rating in a research report on Friday, August 8th.

Vermilion Energy Price Performance

VET stock opened at C$11.81 on Thursday. The firm’s 50-day moving average price is C$10.67 and its two-hundred day moving average price is C$10.15. Vermilion Energy has a 12-month low of C$7.29 and a 12-month high of C$15.17. The stock has a market capitalization of C$1.82 billion, a price-to-earnings ratio of -9.68, a PEG ratio of -0.02 and a beta of 0.62. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th will be given a dividend of $0.13 per share. The ex-dividend date is Monday, September 29th. This represents a $0.52 annualized dividend and a dividend yield of 4.4%. Vermilion Energy’s payout ratio is currently -40.98%.

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.