Vermilion Energy (VET) Given a C$50.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a C$50.00 price objective on Vermilion Energy (TSE:VET) (NYSE:VET) in a report published on Monday. The firm currently has an overweight rating on the stock.

A number of other equities research analysts have also issued reports on VET. CIBC increased their price target on Vermilion Energy from C$52.00 to C$55.00 in a research note on Tuesday, January 23rd. TD Securities cut their price target on Vermilion Energy from C$51.00 to C$50.00 and set a buy rating for the company in a research note on Tuesday, October 31st. Barclays increased their price target on Vermilion Energy from C$51.00 to C$59.00 in a research note on Wednesday, January 17th. Finally, National Bank Financial cut their price target on Vermilion Energy from C$49.00 to C$48.00 and set an outperform rating for the company in a research note on Tuesday, October 31st. Six research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and an average price target of C$53.81.

Shares of Vermilion Energy (TSE:VET) opened at C$42.13 on Monday. Vermilion Energy has a 12 month low of C$38.33 and a 12 month high of C$53.44. The stock has a market capitalization of $5,120.00, a price-to-earnings ratio of 102.76 and a beta of 0.24.

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.12%. Vermilion Energy’s payout ratio is 629.27%.

ILLEGAL ACTIVITY NOTICE: “Vermilion Energy (VET) Given a C$50.00 Price Target by JPMorgan Chase & Co. Analysts” was originally posted by Week Herald and is the property of of Week Herald. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and international copyright laws. The original version of this news story can be accessed at https://weekherald.com/2018/02/16/vermilion-energy-vet-given-a-c50-00-price-target-by-jpmorgan-chase-co-analysts.html.

Vermilion Energy Company Profile

Vermilion Energy Inc produces oil and gas, and focuses on the acquisition, development and optimization of producing properties in North America, the Europe and Australia. Its segments include Canada, which includes production and assets focused in West Pembina near Drayton Valley, Alberta and Northgate in southeast Saskatchewan; France, which produces oil in France; Netherlands, which produces onshore gas and interests include over 24 onshore licenses and two offshore licenses; Germany, which holds interest in a four partner consortium; Ireland, which includes a non-operating interest in the offshore Corrib gas field located approximately 83 kilometers off the northwest coast of Ireland; Australia, which holds an operated working interest in the Wandoo field located approximately 80 kilometers offshore on the northwest shelf of Australia; the United States, which has interests in approximately 97,200 net acres of land in the Powder River Basin of northeastern Wyoming, and Corporate.

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.

Leave a Reply