Vital Energy, Inc. (NYSE:VTLE) Receives $45.90 Average Target Price from Brokerages

Shares of Vital Energy, Inc. (NYSE:VTLE) have been given a consensus recommendation of “Hold” by the ten brokerages that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $45.90.

VTLE has been the subject of several analyst reports. Piper Sandler upped their target price on Vital Energy from $27.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Mizuho upped their target price on Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Truist Financial upped their target price on Vital Energy from $48.00 to $49.00 and gave the company a “buy” rating in a report on Monday, January 13th. Wells Fargo & Company upped their target price on Vital Energy from $34.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. upped their target price on Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a report on Thursday, December 5th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VTLE. First Horizon Advisors Inc. acquired a new position in Vital Energy during the third quarter valued at $26,000. Sterling Capital Management LLC increased its position in Vital Energy by 805.9% in the 4th quarter. Sterling Capital Management LLC now owns 915 shares of the company’s stock worth $28,000 after purchasing an additional 814 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Vital Energy by 276.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock worth $34,000 after purchasing an additional 803 shares during the last quarter. R Squared Ltd acquired a new position in Vital Energy in the 4th quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Vital Energy by 247.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company’s stock worth $48,000 after purchasing an additional 1,106 shares during the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.

Vital Energy Trading Up 1.0 %

Shares of Vital Energy stock opened at $33.75 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 2.36 and a beta of 3.12. The business has a fifty day simple moving average of $32.32 and a 200-day simple moving average of $31.90. Vital Energy has a fifty-two week low of $25.85 and a fifty-two week high of $58.30.

About Vital Energy

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.