Vermilion Energy Upgraded by Zacks to “Outperform” (VET)
Vermilion Energy (NYSE:VET) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Thursday, Analyst Ratings Network.com reports. The firm currently has a $59.20 price objective on the stock. Zacks‘ price objective points to a potential upside of 5.21% from the company’s current price.
Separately, analysts at TD Securities downgraded shares of Vermilion Energy (NYSE:VET) from a “buy” rating to a “hold” rating in a research note to investors on Friday, August 2nd.
Shares of Vermilion Energy (NYSE:VET) traded down 1.28% during mid-day trading on Thursday, hitting $55.56. 12,738 shares of the company’s stock traded hands. Vermilion Energy has a 1-year low of $44.50 and a 1-year high of $56.74. The stock has a 50-day moving average of $54.68 and a 200-day moving average of $51.72. The company has a market cap of $5.645 billion and a price-to-earnings ratio of 22.57.
The company also recently declared a monthly dividend, which is scheduled for Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.19 per share. This represents a $2.32 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date of this dividend is Thursday, September 26th.
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