Analysts fell to the sidelines weighing in on Ecopetrol SA (EC – Research Report) and Vertex Energy (VTNR – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Ecopetrol SA (EC)
In a report released today, Bruno Montanari from Morgan Stanley maintained a Hold rating on Ecopetrol SA, with a price target of $11.00. The company’s shares closed last Thursday at $11.70.
Montanari has an average return of
According to TipRanks.com, Montanari is ranked #1624 out of 8757 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Ecopetrol SA with a $11.50 average price target, implying a -2.6% downside from current levels. In a report issued on February 20, J.P. Morgan also maintained a Hold rating on the stock with a $12.00 price target.
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Vertex Energy (VTNR)
In a report released today, Jason Gabelman from TD Cowen maintained a Hold rating on Vertex Energy, with a price target of $2.00. The company’s shares closed last Thursday at $1.35, close to its 52-week low of $1.13.
According to TipRanks.com, Gabelman is a 4-star analyst with an average return of
Vertex Energy has an analyst consensus of Moderate Buy, with a price target consensus of $2.93, a 125.4% upside from current levels. In a report issued on February 26, Stifel Nicolaus also maintained a Hold rating on the stock with a $4.00 price target.
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