Analysts Set Vermilion Energy Inc. (TSE:VET) Target Price at C$15.72

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$15.17.

Several equities analysts recently issued reports on the stock. CIBC reduced their price target on shares of Vermilion Energy from C$17.00 to C$14.00 in a research report on Thursday, April 10th. Desjardins cut Vermilion Energy from a “buy” rating to a “hold” rating and lowered their target price for the company from C$19.00 to C$14.00 in a research note on Wednesday, March 19th. National Bankshares upped their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Atb Cap Markets cut shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada upped 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 note on Thursday.

Vermilion Energy Stock Performance

TSE:VET opened at C$8.94 on Monday. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$17.15. The stock has a market cap of C$1.38 billion, a P/E ratio of -1.68, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm’s fifty day simple moving average is C$9.85 and its 200 day simple moving average is C$12.28.

Vermilion Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.12. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.03%.

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.