Vermilion Energy (TSE:VET) PT Lowered to C$20.00 at Desjardins

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective reduced by Desjardins from C$21.00 to C$20.00 in a report released on Tuesday, BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other analysts have also recently commented on VET. Royal Bank of Canada upped their price objective on shares of Vermilion Energy from C$20.00 to C$21.00 in a research report on Tuesday, April 9th. BMO Capital Markets cut their price objective on Vermilion Energy from C$21.00 to C$20.00 in a report on Wednesday, July 3rd. Canaccord Genuity Group decreased their price objective on Vermilion Energy from C$20.50 to C$20.00 and set a buy rating for the company in a research report on Thursday, August 1st. National Bankshares raised their target price on shares of Vermilion Energy from C$21.00 to C$22.00 and gave the stock an outperform rating in a report on Friday, April 19th. Finally, Stifel Nicolaus increased their price objective on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the stock a buy rating in a research report on Tuesday, April 23rd. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of C$21.25.

Vermilion Energy Stock Up 3.5 %

Vermilion Energy stock opened at C$13.64 on Tuesday. The firm has a market capitalization of C$2.18 billion, a price-to-earnings ratio of -3.61, a PEG ratio of -0.02 and a beta of 2.73. The company’s 50 day simple moving average is C$15.00 and its 200 day simple moving average is C$15.48. The company has a debt-to-equity ratio of 32.96, a current ratio of 1.15 and a quick ratio of 0.40. Vermilion Energy has a fifty-two week low of C$12.82 and a fifty-two week high of C$21.60.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be paid a $0.12 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.48 annualized dividend and a yield of 3.52%. Vermilion Energy’s dividend payout ratio is -12.70%.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of C$16.45 per share, with a total value of C$82,245.00. In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were acquired at an average cost of C$16.45 per share, with a total value of C$82,245.00. Also, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of C$16.37, for a total value of C$491,100.00. Insiders own 0.15% of the company’s stock.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.