In a report released today, Mark Lear from Piper Sandler maintained a Hold rating on Vital Energy (VTLE – Research Report), with a price target of $23.00. The company’s shares closed yesterday at $14.68.
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Lear covers the Energy sector, focusing on stocks such as Devon Energy, APA, and Coterra Energy. According to TipRanks, Lear has an average return of 5.4% and a 50.96% success rate on recommended stocks.
In addition to Piper Sandler, Vital Energy also received a Hold from Mizuho Securities’s Nitin Kumar CFA in a report issued on April 15. However, yesterday, Raymond James maintained a Buy rating on Vital Energy (NYSE: VTLE).
The company has a one-year high of $55.87 and a one-year low of $12.30. Currently, Vital Energy has an average volume of 1.3M.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VTLE in relation to earlier this year. Earlier this month, Richard D Campbell, a Major Shareholder at VTLE bought 5,000.00 shares for a total of $88,750.00.