Brokerages Set Vermilion Energy Inc. (TSE:VET) Target Price at C$19.12

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$19.75.

VET has been the subject of a number of research analyst reports. National Bank Financial decreased their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Royal Bank Of Canada boosted their price objective on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. BMO Capital Markets upped their price objective on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research note on Friday. TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Desjardins set a C$16.00 target price on shares of Vermilion Energy and gave the company a “hold” rating in a research note on Friday, July 17th.

Vermilion Energy Price Performance

Shares of Vermilion Energy stock opened at C$16.68 on Wednesday. The stock has a 50-day moving average price of C$14.62 and a 200 day moving average price of C$15.42. The company has a market cap of C$2.55 billion, a P/E ratio of -5.75, a P/E/G ratio of -0.02 and a beta of 0.23. The company has a current ratio of 1.00, a quick ratio of 0.40 and a debt-to-equity ratio of 62.68. Vermilion Energy has a 1 year low of C$9.71 and a 1 year high of C$20.31.

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

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, June 15th. Vermilion Energy’s dividend payout ratio (DPR) is currently -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.