Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have earned an average rating of “Buy” from the thirteen research firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$55.85.

Several research firms have commented on VET. Royal Bank of Canada lowered their price objective on shares of 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. National Bank Financial lowered their target price on shares of Vermilion Energy from C$61.00 to C$58.00 and set an “outperform” rating for the company in a report on Friday, October 26th. Bank of America restated a “buy” rating and issued a C$54.00 target price on shares of Vermilion Energy in a report on Tuesday, September 18th. CIBC lowered their target price on shares of Vermilion Energy from C$57.50 to C$50.00 in a report on Friday, October 26th. Finally, Raymond James restated an “outperform” rating and issued a C$52.00 target price on shares of Vermilion Energy in a report on Wednesday, September 19th.

In related news, Director Catherine L. Williams acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 6th. The stock was bought at an average price of C$41.00 per share, for a total transaction of C$41,000.00. Also, insider Terrance Gerald Hergott acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, October 29th. The shares were bought at an average price of C$35.01 per share, with a total value of C$175,050.00. Insiders bought a total of 11,000 shares of company stock valued at $376,950 in the last 90 days.

Shares of TSE VET traded up C$1.23 during midday trading on Wednesday, reaching C$33.43. The stock had a trading volume of 1,902,546 shares, compared to its average volume of 667,303. The company has a debt-to-equity ratio of 73.75, a current ratio of 0.52 and a quick ratio of 0.43. Vermilion Energy has a 12-month low of C$30.55 and a 12-month high of C$50.46.

The company also recently announced a monthly dividend, which will be paid on Monday, December 17th. Stockholders of record on Friday, November 30th will be issued a $0.23 dividend. The ex-dividend date is Thursday, November 29th. This represents a $2.76 annualized dividend and a dividend yield of 8.26%. Vermilion Energy’s dividend payout ratio (DPR) is presently -821.54%.

Vermilion Energy Company Profile

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.

Recommended Story: Asset Allocation, Balancing Your Investments

Analyst Recommendations for Vermilion Energy (TSE:VET)

Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.