Vermilion Energy Inc (VET) Given New C$48.00 Price Target at BMO Capital Markets

Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price target trimmed by BMO Capital Markets from C$51.00 to C$48.00 in a report issued on Tuesday morning.

VET has been the subject of several other reports. Royal Bank Of Canada lifted their target price on Vermilion Energy from C$51.00 to C$52.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. Barclays PLC reduced their target price on Vermilion Energy from C$64.00 to C$50.00 in a research note on Monday, July 24th. Finally, National Bank Financial reduced their target price on Vermilion Energy from C$60.00 to C$49.00 in a research note on Friday, June 23rd. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of C$56.17.

Vermilion Energy (VET) opened at 42.98 on Tuesday. Vermilion Energy has a one year low of $38.33 and a one year high of $58.98. The stock’s 50 day moving average price is $42.85 and its 200-day moving average price is $43.85. The firm has a market capitalization of $5.21 billion and a price-to-earnings ratio of 69.32.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, July 26th. The company reported C$0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.04 by C$0.36. Vermilion Energy had a return on equity of 11.88% and a net margin of 19.03%. The company had revenue of C$271.39 million during the quarter. On average, equities research analysts expect that Vermilion Energy will post $0.83 EPS for the current fiscal year.

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The company also recently declared a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be issued a dividend of $0.215 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.58 annualized dividend and a yield of 6.00%.

In related news, insider Gerard Schut sold 3,000 shares of Vermilion Energy stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total transaction

VET has been the subject of several other reports. Royal Bank Of Canada lifted their target price on Vermilion Energy from C$51.00 to C$52.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. Barclays PLC reduced their target price on Vermilion Energy from C$64.00 to C$50.00 in a research note on Monday, July 24th. Finally, National Bank Financial reduced their target price on Vermilion Energy from C$60.00 to C$49.00 in a research note on Friday, June 23rd. Six equities research analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of C$56.17.

Vermilion Energy (VET) opened at 42.98 on Tuesday. Vermilion Energy has a one year low of $38.33 and a one year high of $58.98. The stock’s 50 day moving average price is $42.85 and its 200-day moving average price is $43.85. The firm has a market capitalization of $5.21 billion and a price-to-earnings ratio of 69.32.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, July 26th. The company reported C$0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.04 by C$0.36. Vermilion Energy had a return on equity of 11.88% and a net margin of 19.03%. The company had revenue of C$271.39 million during the quarter. On average, equities research analysts expect that Vermilion Energy will post $0.83 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This article was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/11/vermilion-energy-inc-vet-given-new-c48-00-price-target-at-bmo-capital-markets.html.

The company also recently declared a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be issued a dividend of $0.215 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.58 annualized dividend and a yield of 6.00%.

In related news, insider Gerard Schut sold 3,000 shares of Vermilion Energy stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$45.00, for a total transaction of C$135,000.00. Over the last three months, insiders have purchased 1,250 shares of company stock valued at $49,915.

About Vermilion Energy

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