Veresen Inc Declares Aug 14 Dividend of C$0.08 (VSN)
Veresen (TSE:VSN) announced a aug 14 dividend on Wednesday, August 20th, Analyst RN reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.0833 per share on Tuesday, September 23rd.
A number of analysts have recently weighed in on VSN shares. Analysts at National Bank Financial raised their price target on shares of Veresen from C$16.00 to C$17.00 in a research note on Friday, August 8th. They now have a “sector perform” rating on the stock. On the ratings front, analysts at TD Securities raised their price target on shares of Veresen from C$17.50 to C$19.00 in a research note on Friday, August 8th. They now have a “hold” rating on the stock. Finally, analysts at NBF raised their price target on shares of Veresen from C$16.00 to C$17.00 in a research note on Friday, August 8th. They now have a “sector perform” rating on the stock. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Veresen currently has a consensus rating of “Hold” and an average price target of C$17.91.
Shares of Veresen (TSE:VSN) traded up 1.13% during mid-day trading on Wednesday, hitting $18.85. The stock had a trading volume of 496,411 shares. Veresen has a 1-year low of $11.56 and a 1-year high of $19.80. The stock has a 50-day moving average of $18.90 and a 200-day moving average of $17.19. The company has a market cap of $4.159 billion and a P/E ratio of 53.26.
Veresen (TSE:VSN) last released its earnings data on Friday, August 8th. The company reported ($0.01) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.03. Analysts expect that Veresen will post $0.15 EPS for the current fiscal year.
Veresen Inc is a Canadian corporation, which manages its pipeline transportation, midstream services, and power generation businesses.
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