Vermilion Energy Receives New Coverage from Analysts at Goldman Sachs Group Inc. (VET)
Equities researchers at Goldman Sachs Group Inc. initiated coverage on shares of Vermilion Energy (TSE:VET) in a research report issued on Friday, Analyst RN reports. The firm set a “neutral” rating on the stock.
Shares of Vermilion Energy (TSE:VET) traded up 0.60% on Friday, hitting $57.33. The stock had a trading volume of 161,802 shares. Vermilion Energy has a 52-week low of $45.78 and a 52-week high of $58.70. The stock has a 50-day moving average of $52.60 and a 200-day moving average of $51.67. The company has a P/E ratio of 23.17.
The company also recently declared a oct 13 dividend, which is scheduled for Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, October 29th.
Several other analysts have also recently commented on the stock. Analysts at Dundee Securities raised their price target on shares of Vermilion Energy from C$62.50 to C$63.00 in a research note to investors on Wednesday, October 2nd. They now have a “buy” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Vermilion Energy from C$63.00 to C$65.00 in a research note to investors on Wednesday, October 2nd. They now have a “sector outperform” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of Vermilion Energy from C$60.00 to C$62.00 in a research note to investors on Tuesday, September 24th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Vermilion Energy has a consensus rating of “Buy” and a consensus price target of C$59.52.
Vermilion Energy Inc (TSE:VET), is engaged in the business of oil and natural gas exploitation, development, acquisition and production in Australia, Canada, France, Ireland and the Netherlands.
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