Vermilion Energy Inc. (TSE:VET) Receives Consensus Rating of “Hold” from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$13.67.

A number of equities analysts have recently commented on VET shares. BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the stock a “market perform” rating in a research note on Friday, August 8th. National Bankshares reduced their price objective on shares of Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Desjardins downgraded shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research note on Thursday, October 16th. Finally, Scotiabank increased their price objective on shares of Vermilion Energy from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 9th.

Vermilion Energy Trading Up 1.1%

Vermilion Energy stock opened at C$10.49 on Monday. The firm has a 50-day moving average of C$10.69 and a 200-day moving average of C$10.24. Vermilion Energy has a one year low of C$7.29 and a one year high of C$15.17. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The company has a market cap of C$1.62 billion, a price-to-earnings ratio of -8.60, a P/E/G ratio of -0.02 and a beta of 0.62.

Vermilion Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 5.0%. The ex-dividend date was Monday, September 29th. Vermilion Energy’s dividend payout ratio (DPR) is -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.