Analysts Set Vital Energy, Inc. (NYSE:VTLE) Target Price at $45.90

Shares of Vital Energy, Inc. (NYSE:VTLE) have been given an average recommendation of “Hold” by the ten ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $45.90.

Several analysts have recently commented on the company. Piper Sandler raised their target price on Vital Energy from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Wolfe Research raised Vital Energy from an “underperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. upped their target price on Vital Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Mizuho lifted their price target on shares of Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Finally, Truist Financial boosted their price target on shares of Vital Energy from $48.00 to $49.00 and gave the company a “buy” rating in a research note on Monday, January 13th.

Institutional Investors Weigh In On Vital Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of Vital Energy by 81.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,956 shares of the company’s stock valued at $215,000 after purchasing an additional 3,115 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Vital Energy during the fourth quarter worth about $96,000. Inceptionr LLC bought a new stake in Vital Energy in the fourth quarter worth about $261,000. Raymond James Financial Inc. purchased a new position in Vital Energy in the fourth quarter valued at about $4,022,000. Finally, Arizona State Retirement System bought a new position in shares of Vital Energy during the 4th quarter valued at approximately $206,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Vital Energy Trading Down 0.1 %

NYSE:VTLE opened at $31.49 on Friday. Vital Energy has a 12 month low of $25.85 and a 12 month high of $58.30. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 2.21 and a beta of 3.12. The firm has a fifty day simple moving average of $32.17 and a two-hundred day simple moving average of $32.00.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.