BMO Capital Markets Trims Vermilion Energy Inc (VET) Target Price to C$48.00
Several other analysts also recently weighed in on VET. National Bank Financial dropped their price objective on Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. Royal Bank Of Canada upped their price objective on Vermilion Energy from C$51.00 to C$52.00 and gave the stock an outperform rating in a research report on Thursday, July 27th. Finally, Barclays PLC dropped their price objective on Vermilion Energy from C$64.00 to C$50.00 in a research report on Monday, July 24th. Six analysts have rated the stock with a buy rating, Vermilion Energy has a consensus rating of Buy and a consensus target price of C$56.17.
Vermilion Energy (VET) opened at 42.17 on Tuesday. The firm has a market cap of $5.11 billion and a P/E ratio of 68.02. Vermilion Energy has a one year low of $38.33 and a one year high of $58.98. The firm’s 50-day moving average price is $43.03 and its 200 day moving average price is $43.83.
Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 26th. The company reported C$0.40 EPS for the quarter, beating analysts’ consensus estimates of C$0.04 by C$0.36. Vermilion Energy had a return on equity of 11.88% and a net margin of 19.03%. The firm had revenue of C$271.39 million for the quarter. On average, equities research analysts forecast that Vermilion Energy will post $0.83 EPS for the current year.
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The business also recently declared a monthly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a $0.215 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.58 annualized dividend and a dividend yield of 6.12%.
In related news, insider Gerard Schut sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total transaction of C$135,000.00. In the last three months, insiders bought 1,250 shares of company stock valued at $49,915.
About Vermilion Energy
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