Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price target lowered by BMO Capital Markets from C$51.00 to C$48.00 in a report published on Tuesday morning.

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.

COPYRIGHT VIOLATION NOTICE: “BMO Capital Markets Trims Vermilion Energy Inc (VET) Target Price to C$48.00” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://www.thecerbatgem.com/2017/10/13/bmo-capital-markets-trims-vermilion-energy-inc-vet-target-price-to-c48-00.html.

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

Analyst Recommendations for Vermilion Energy (TSE:VET)

Receive News & Stock Ratings for Vermilion Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy Inc and related stocks with our FREE daily email newsletter.