Veresen (VSN) Plans Feb 13 Dividend of $0.08
Veresen (TSE:VSN) declared a feb 13 dividend on Tuesday, February 19th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.08 per share on Friday, March 22nd.
Several analysts have also recently commented on the stock. Analysts at UBS AG initiated coverage on shares of Veresen in a research note to investors on Tuesday, January 22nd. They set a “neutral” rating and a $12.00 price target on the stock. On a related note, analysts at Scotiabank upgraded shares of Veresen from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, January 3rd. They now have a $14.00 price target on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of Veresen from $15.00 to $14.00 in a research note to investors on Friday, December 14th. They now have an “outperform” rating on the stock.
Veresen (VSN) traded up 0.81% on Tuesday, hitting $13.045. Veresen (VSN) has a 52-week low of $11.22 and a 52-week high of $15.69. The stock’s 50-day moving average is currently $12.5. The company has a market cap of $2.580 billion and a price-to-earnings ratio of 56.26.
Veresen Inc. owns and operates energy infrastructure assets across North America. It operates in three segments: a Pipeline Business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; a Midstream Business which includes the Hythe/Steeprock midstream gas gathering and processing complex in northern Alberta and B.
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