Vermilion Energy Inc (VET) Given Consensus Rating of “Buy” by Analysts
Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have received a consensus rating of “Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$57.77.
Several brokerages have recently issued reports on VET. Scotiabank reiterated an “outperform” rating and issued a C$62.50 target price on shares of Vermilion Energy in a research note on Monday, May 1st. Barclays PLC dropped their target price on shares of Vermilion Energy from C$66.00 to C$64.00 in a research note on Monday, April 24th. TD Securities reiterated a “buy” rating and issued a C$60.00 target price on shares of Vermilion Energy in a research note on Tuesday, April 11th. BMO Capital Markets reiterated an “outperform” rating and issued a C$55.00 target price on shares of Vermilion Energy in a research note on Monday, May 1st. Finally, National Bank Financial dropped their target price on shares of Vermilion Energy from C$60.00 to C$49.00 in a research note on Friday, June 23rd.
Shares of Vermilion Energy (TSE VET) traded down 0.30% during trading on Friday, reaching $39.45. 437,227 shares of the company traded hands. Vermilion Energy has a 12-month low of $38.60 and a 12-month high of $58.98. The firm’s 50 day moving average is $41.75 and its 200-day moving average is $48.35. The stock’s market capitalization is $4.75 billion.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Friday, July 28th will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $2.58 dividend on an annualized basis and a yield of 6.54%.
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In related news, insider Mona Jean Jasinski sold 6,500 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of C$46.90, for a total transaction of C$304,850.00.
About Vermilion Energy
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