Vermilion Energy Inc (VET) Price Target Cut to C$50.00
Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price target trimmed by TD Securities from C$51.00 to C$50.00 in a research note published on Tuesday. The firm currently has a buy rating on the stock.
A number of other research firms have also recently weighed in on VET. Barclays PLC lowered their price target on shares of Vermilion Energy from C$64.00 to C$50.00 in a research note on Monday, July 24th. National Bank Financial lowered their price target on shares of Vermilion Energy from C$49.00 to C$48.00 and set an outperform rating on the stock in a research note on Tuesday. BMO Capital Markets lowered their price target on shares of Vermilion Energy from C$50.00 to C$48.00 and set an outperform rating on the stock in a research note on Thursday, July 27th. Finally, Royal Bank Of Canada upped their price target on shares of Vermilion Energy from C$51.00 to C$52.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. Five research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of C$54.56.
Vermilion Energy (TSE VET) opened at C$45.76 on Tuesday.
TRADEMARK VIOLATION NOTICE: This news story was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/11/04/vermilion-energy-inc-vet-price-target-cut-to-c50-00.html.
The business also recently declared a monthly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a dividend of $0.215 per share. The ex-dividend date was Thursday, September 28th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.64%.
In related news, insider Gerard Schut sold 3,000 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of C$45.00, for a total value of C$135,000.00.
Vermilion Energy Company Profile
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.