Northland Securities analyst Donovan Schafer CFA reiterated a Buy rating on Vitesse Energy, Inc. (VTS – Research Report) today and set a price target of $28.00. The company’s shares closed yesterday at $24.09.
Schafer CFA covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and Pineapple Holdings. According to TipRanks, Schafer CFA has an average return of -18.8% and a 33.98% success rate on recommended stocks.
Currently, the analyst consensus on Vitesse Energy, Inc. is a Strong Buy with an average price target of $27.94, which is a 15.98% upside from current levels. In a report released today, Alliance Global Partners also maintained a Buy rating on the stock with a $28.00 price target.
VTS market cap is currently $709.5M and has a P/E ratio of 28.95.
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Vitesse Energy, Inc. (VTS) Company Description:
Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by leading oil companies and are primarily in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The firm is focused on returning capital to shareholders through owning a financial interest as a non-operator in oil and gas wells drilled by US operators.
