Brokerages Set Vermilion Energy Inc. (TSE:VET) PT at C$19.75

Vermilion Energy Inc. (TSE:VETGet Free Report) (NYSE:VET) has earned a consensus rating of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$19.75.

Several analysts recently commented on VET shares. BMO Capital Markets boosted their price target on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the stock a “hold” rating in a research note on Friday, July 17th. TD lifted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Friday, July 31st. TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. Finally, National Bank Financial reduced their target price on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th.

View Our Latest Stock Analysis on VET

Vermilion Energy Price Performance

Shares of Vermilion Energy stock opened at C$16.90 on Friday. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00. The firm’s 50-day simple moving average is C$14.78 and its 200-day simple moving average is C$15.85. Vermilion Energy has a twelve month low of C$9.98 and a twelve month high of C$20.31. The firm has a market cap of C$2.58 billion, a P/E ratio of -5.83, a price-to-earnings-growth ratio of -0.02 and a beta of 0.22.

Vermilion Energy (TSE:VETGet Free Report) (NYSE:VET) last announced its quarterly earnings results 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 net margin of 24.01% and a negative return on equity of 19.54%. As a group, research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Monday, June 15th. Vermilion Energy’s dividend payout ratio is currently -18.28%.

Vermilion Energy Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Vermilion Energy (TSE:VET)

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