Vermilion Energy (TSE:VET) (NYSE:VET) had its target price lowered by BMO Capital Markets from C$52.00 to C$45.00 in a research report report published on Friday.

Several other analysts also recently weighed in on the company. National Bank Financial decreased their target price on Vermilion Energy from C$62.00 to C$61.00 and set an outperform rating for the company in a research note on Thursday, October 18th. Raymond James reduced their price objective on Vermilion Energy from C$52.00 to C$51.00 in a research report on Friday, October 5th. Bank of America reiterated a buy rating and issued a C$54.00 price objective on shares of Vermilion Energy in a research report on Tuesday, September 18th. Royal Bank of Canada reduced their price objective on Vermilion Energy from C$55.00 to C$54.00 and set an outperform rating for the company in a research report on Tuesday, July 31st. Finally, CIBC raised their price objective on Vermilion Energy from C$55.00 to C$60.00 in a research report on Friday, July 20th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of C$55.85.

Shares of TSE:VET opened at C$35.64 on Friday. Vermilion Energy has a twelve month low of C$34.14 and a twelve month high of C$50.46.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Monday, July 30th. The company reported C$0.33 earnings per share for the quarter, beating the consensus estimate of C$0.23 by C$0.10. Vermilion Energy had a return on equity of 2.23% and a net margin of 2.94%. The firm had revenue of C$394.50 million during the quarter, compared to the consensus estimate of C$359.75 million.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be given a $0.23 dividend. The ex-dividend date is Tuesday, October 30th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.74%.

In related news, Director Catherine L. Williams bought 1,000 shares of the company’s stock in a transaction dated Thursday, September 6th. The stock was acquired at an average cost of C$41.00 per share, with a total value of C$41,000.00. Also, Director Carin Shirley Knickel bought 5,000 shares of the company’s stock in a transaction dated Tuesday, August 28th. The stock was bought at an average cost of C$32.18 per share, with a total value of C$160,900.00. Insiders acquired a total of 8,370 shares of company stock valued at $309,925 in the last quarter.

About Vermilion Energy

Vermilion Energy Inc acquires, explores, develops, and produces crude petroleum and natural gas. As of December 31, 2017, it owned 74% interest in 330,900 net acres of developed land and 87% interest in 376,400 net acres of undeveloped land, as well as 375 net producing natural gas wells and 475 net producing oil wells in Canada; and 96% interest in 208,900 net acres of developed land and 99% interest in 379,800 net acres of undeveloped land in the Aquitaine and Paris Basins, as well as 332 net producing oil wells and 3 net producing gas wells in France.

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Analyst Recommendations for Vermilion Energy (TSE:VET)

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