Vermilion Energy Inc. (NYSE:VET) (TSE:VET) has been given an average recommendation of “Buy” by the eleven analysts that are covering the company. Four analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $53.25.

A number of research firms have recently weighed in on VET. RBC Capital Markets restated a “sector perform” rating and set a $53.00 price target (up previously from $52.00) on shares of Vermilion Energy in a report on Tuesday, November 1st. National Bank Financial reiterated an “outperform” rating and issued a $66.00 target price on shares of Vermilion Energy in a research note on Tuesday, November 1st. Canaccord Genuity reiterated a “buy” rating and issued a $60.00 target price (up from $58.00) on shares of Vermilion Energy in a research note on Tuesday, November 1st. TD Securities reiterated a “buy” rating and issued a $54.00 target price (up from $53.00) on shares of Vermilion Energy in a research note on Thursday, August 11th. Finally, Desjardins reiterated a “buy” rating and issued a $52.00 target price (up from $47.50) on shares of Vermilion Energy in a research note on Thursday, August 11th.

Hedge funds have recently bought and sold shares of the company. Creative Planning raised its stake in Vermilion Energy by 2.8% in the second quarter. Creative Planning now owns 3,650 shares of the company’s stock valued at $116,000 after buying an additional 100 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Vermilion Energy by 1.5% in the second quarter. PNC Financial Services Group Inc. now owns 4,548 shares of the company’s stock valued at $145,000 after buying an additional 68 shares in the last quarter. Citigroup Inc. raised its stake in Vermilion Energy by 23.5% in the second quarter. Citigroup Inc. now owns 6,387 shares of the company’s stock valued at $201,000 after buying an additional 1,214 shares in the last quarter. Opus Capital Group LLC bought a new stake in Vermilion Energy during the third quarter valued at about $234,000. Finally, San Francisco Sentry Investment Group CA bought a new stake in Vermilion Energy during the second quarter valued at about $235,000. Institutional investors own 51.41% of the company’s stock.

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Shares of Vermilion Energy (NYSE:VET) traded down 1.40% during midday trading on Tuesday, hitting $38.15. 48,951 shares of the stock were exchanged. The stock’s 50 day moving average is $39.98 and its 200 day moving average is $36.04. The firm’s market cap is $4.49 billion. Vermilion Energy has a 12-month low of $20.31 and a 12-month high of $42.00.

The business also recently declared a monthly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Tuesday, November 22nd will be given a $0.1609 dividend. The ex-dividend date is Friday, November 18th. This represents a $1.93 annualized dividend and a yield of 4.99%. Vermilion Energy’s dividend payout ratio is -97.46%.

About Vermilion Energy

Vermilion Energy Inc (Vermilion) is a Canada-based international oil and gas producer. The Company is focused on the acquisition, development and optimization of producing properties in North America, Europe and Australia. The Company’s segments are Canada, which relates to its assets in Alberta and Saskatchewan; France, which relates to its operations in France in the Paris and Aquitaine basins; Netherlands, which relates to its operations in the Netherlands; Germany, which relates to its operations in Germany; Ireland, which relates to its non-operated interest in the Corrib offshore natural gas field; Australia, which relates to operations on the Wandoo offshore crude oil field; the United States, which relates to its operations in Wyoming in the Powder River Basin, and Corporate.

5 Day Chart for NYSE:VET

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