Vermilion Energy Inc (VET) Given Consensus Recommendation of “Buy” by Brokerages
Vermilion Energy Inc (TSE:VET) (NYSE:VET) has been given an average recommendation of “Buy” by the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$57.77.
A number of brokerages have recently issued reports on VET. National Bank Financial dropped their price target on shares of Vermilion Energy from C$60.00 to C$49.00 in a report on Friday. TD Securities dropped their price target on shares of Vermilion Energy from C$60.00 to C$59.00 and set a “buy” rating on the stock in a report on Monday, May 1st. Scotiabank reaffirmed an “outperform” rating and set a C$62.50 price target on shares of Vermilion Energy in a report on Monday, May 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a C$55.00 price target on shares of Vermilion Energy in a report on Monday, May 1st. Finally, Barclays PLC dropped their price target on shares of Vermilion Energy from C$66.00 to C$64.00 in a report on Monday, April 24th.
In related news, insider Mona Jean Jasinski sold 17,359 shares of the firm’s stock in a transaction that occurred on Wednesday, March 29th. The shares were sold at an average price of C$49.20, for a total value of C$854,062.80. In the last three months, insiders sold 29,199 shares of company stock worth $1,423,713.
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Vermilion Energy (VET) traded down 0.94% on Monday, reaching $42.10. 477,308 shares of the company’s stock traded hands. The company’s 50 day moving average is $45.28 and its 200-day moving average is $50.72. The stock’s market cap is $5.01 billion. Vermilion Energy has a 52-week low of $39.31 and a 52-week high of $58.98.
The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 15th were issued a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date of this dividend was Thursday, May 18th.
Vermilion Energy Company Profile
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