Vermilion Energy Inc (TSE:VET) (NYSE:VET) had its price objective lowered by analysts at National Bank Financial from C$60.00 to C$49.00 in a research report issued on Friday. National Bank Financial’s target price would suggest a potential upside of 14.86% from the company’s current price.
Several other equities analysts have also recently weighed in on VET. CIBC cut their price objective on Vermilion Energy from C$60.00 to C$58.00 in a report on Tuesday, February 28th. TD Securities cut their price objective on Vermilion Energy from C$65.00 to C$63.00 and set a “buy” rating on the stock in a report on Tuesday, February 28th. Scotiabank reiterated an “outperform” rating and set a C$62.50 price objective on shares of Vermilion Energy in a report on Tuesday, February 28th. Royal Bank Of Canada reiterated a “sector perform” rating and set a C$56.00 price objective on shares of Vermilion Energy in a report on Monday, April 10th. Finally, Barclays PLC cut their price objective on Vermilion Energy from C$66.00 to C$64.00 in a report on Monday, April 24th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$57.77.
Vermilion Energy (TSE VET) traded down 0.80% during midday trading on Friday, reaching $42.32. 158,852 shares of the company traded hands. The company has a 50-day moving average price of $45.28 and a 200-day moving average price of $50.72. Vermilion Energy has a 12-month low of $39.31 and a 12-month high of $58.98. The company’s market cap is $5.10 billion.
The company also recently announced a monthly dividend, which was paid on Thursday, June 15th. Investors of record on Thursday, June 15th were given a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date was Thursday, May 18th.
In related news, insider Mona Jean Jasinski sold 4,500 shares of Vermilion Energy stock in a transaction that occurred on Thursday, March 30th. The stock was sold at an average price of C$49.50, for a total value of C$222,750.00. In the last three months, insiders sold 29,199 shares of company stock worth $1,423,713.
About Vermilion Energy
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