Vermilion Energy Inc (VET) Price Target Cut to C$50.00 by Analysts at TD Securities
Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price objective reduced by TD Securities from C$51.00 to C$50.00 in a report published on Tuesday morning. TD Securities currently has a buy rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Barclays PLC increased their target price on shares of Vermilion Energy from C$50.00 to C$51.00 in a research report on Monday. National Bank Financial lowered their target price on shares of Vermilion Energy from C$49.00 to C$48.00 and set an outperform rating for the company in a research note on Tuesday. BMO Capital Markets lowered their price objective on shares of Vermilion Energy from C$51.00 to C$48.00 in a research note on Tuesday, October 10th. Finally, Royal Bank Of Canada raised their price objective on shares of Vermilion Energy from C$51.00 to C$52.00 and gave the company an outperform rating in a research note on Thursday, July 27th. Six analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and a consensus price target of C$55.17.
Shares of Vermilion Energy (TSE:VET) traded up 2.75% during mid-day trading on Tuesday, hitting $45.24. 513,764 shares of the stock traded hands. The firm has a 50 day moving average of $43.87 and a 200 day moving average of $43.14. The stock has a market cap of $5.48 billion and a price-to-earnings ratio of 72.97. Vermilion Energy has a 12 month low of $38.33 and a 12 month high of $58.98.
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The business also recently disclosed a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.215 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.58 dividend on an annualized basis and a yield of 5.86%.
In other Vermilion Energy news, insider Gerard Schut sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$45.00, for a total transaction of C$135,000.00.
Vermilion Energy Company Profile
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