Vermilion Energy (TSE:VET) Given New C$18.00 Price Target at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price boosted by National Bankshares from C$17.50 to C$18.00 in a research report released on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on VET. Canaccord Genuity Group dropped their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Royal Bank of Canada dropped their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. JPMorgan Chase & Co. cut their price target on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Finally, TD Securities cut their target price on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$18.86.

Vermilion Energy Stock Up 2.8 %

TSE VET opened at C$13.13 on Tuesday. The stock has a market capitalization of C$2.05 billion, a P/E ratio of -2.57, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The stock has a fifty day moving average of C$13.63 and a 200-day moving average of C$14.02.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The firm had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. On average, equities research analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 3.66%. Vermilion Energy’s dividend payout ratio (DPR) is currently -9.39%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.