Vitesse Energy (NYSE:VTS – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.
VTS has been the topic of a number of other research reports. Alliance Global Partners started coverage on Vitesse Energy in a research report on Wednesday, May 14th. They set a “buy” rating and a $26.00 price target on the stock. Evercore ISI reiterated an “in-line” rating and set a $28.00 price target on shares of Vitesse Energy in a research report on Wednesday, March 19th. Roth Mkm increased their price target on Vitesse Energy from $30.50 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, April 2nd. Northland Capmk upgraded Vitesse Energy to a “hold” rating in a research report on Tuesday, May 20th. Finally, Northland Securities downgraded Vitesse Energy from an “outperform” rating to a “market perform” rating and set a $19.00 price target on the stock. in a research report on Tuesday, May 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Vitesse Energy presently has a consensus rating of “Hold” and an average target price of $26.50.
Check Out Our Latest Research Report on VTS
Vitesse Energy Stock Down 1.6%
Hedge Funds Weigh In On Vitesse Energy
Hedge funds and other institutional investors have recently made changes to their positions in the company. SouthState Corp purchased a new position in shares of Vitesse Energy in the first quarter valued at approximately $25,000. Meeder Asset Management Inc. purchased a new position in shares of Vitesse Energy in the fourth quarter valued at approximately $29,000. Strs Ohio purchased a new position in shares of Vitesse Energy in the first quarter valued at approximately $54,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Vitesse Energy in the first quarter valued at approximately $98,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Vitesse Energy in the fourth quarter valued at approximately $104,000. Hedge funds and other institutional investors own 51.63% of the company’s stock.
About Vitesse Energy
Vitesse Energy, Inc, together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana.
Recommended Stories
- Five stocks we like better than Vitesse Energy
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Apple: The Mag 7’s Dead Money Stock or AI Cash Cow in the Making?
- What does consumer price index measure?
- Value Alert: 3 High-Yield Stocks Trading at 52-Week Lows
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Nektar Jumps 157% on Drug Trial Data—Can It Go Even Higher?
Receive News & Ratings for Vitesse Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vitesse Energy and related companies with MarketBeat.com's FREE daily email newsletter.