Vermilion Energy Inc. (TSE:VET) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given an average recommendation of “Moderate Buy” by the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$17.06.

Several equities analysts have issued reports on VET shares. National Bankshares lifted their price target on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Royal Bank of Canada dropped their target price on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research note on Monday, December 30th. Atb Cap Markets lowered Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. BMO Capital Markets lowered their price target on Vermilion Energy from C$16.00 to C$14.00 in a report on Thursday, March 6th. Finally, ATB Capital dropped their price target on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th.

Vermilion Energy Stock Up 20.3 %

Shares of Vermilion Energy stock opened at C$9.29 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The company has a market cap of C$1.44 billion, a P/E ratio of -1.75, a PEG ratio of -0.02 and a beta of 2.60. The firm’s 50 day moving average price is C$11.62 and its 200-day moving average price is C$13.02. Vermilion Energy has a 52-week low of C$7.29 and a 52-week high of C$17.56.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 5.60%. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 31st. 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.