Vermilion Energy (TSE:VET) Given New C$12.00 Price Target at TD Securities

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target decreased by TD Securities from C$14.00 to C$12.00 in a research report sent to investors on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

VET has been the topic of several other reports. Atb Cap Markets cut Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. raised their price objective on shares of Vermilion Energy from C$10.00 to C$11.00 in a report on Wednesday, April 23rd. Desjardins lowered Vermilion Energy from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$19.00 to C$14.00 in a research note on Wednesday, March 19th. CIBC cut their price objective on Vermilion Energy from C$17.00 to C$14.00 in a research note on Thursday, April 10th. Finally, National Bankshares lifted their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$15.17.

Vermilion Energy Stock Performance

VET stock opened at C$8.73 on Thursday. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. Vermilion Energy has a 1 year low of C$7.29 and a 1 year high of C$17.15. The company has a market cap of C$1.35 billion, a P/E ratio of -1.64, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The stock’s fifty day moving average price is C$9.89 and its 200-day moving average price is C$12.31.

Vermilion Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 5.96%. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was 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.