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Analysts Offer Insights on Energy Companies: Cenovus Energy (CVE), TC Energy (TRP) and Vitesse Energy, Inc. (VTS)

Tipranks - Tue Mar 31, 7:12AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Cenovus Energy (CVE), TC Energy (TRP) and Vitesse Energy, Inc. (VTS).

End of Quarter Sale - 50% Off TipRanks

Cenovus Energy (CVE)

Raymond James analyst Luke Davis maintained a Buy rating on Cenovus Energy on March 27 and set a price target of C$42.00. The company’s shares closed last Friday at $26.82.

According to TipRanks.com, Davis is a 5-star analyst with an average return of 25.2% and a 64.7% success rate. Davis covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Paramount Resources. ;'>

Cenovus Energy has an analyst consensus of Strong Buy, with a price target consensus of $25.47, a -2.6% downside from current levels. In a report issued on March 20, TipRanks – xAI also upgraded the stock to Buy with a C$39.00 price target.

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TC Energy (TRP)

In a report issued on March 27, Michael Barth, CFA from Raymond James maintained a Hold rating on TC Energy, with a price target of C$78.00. The company’s shares closed last Friday at $63.46.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 34.5% and a 86.6% success rate. CFA covers the NA sector, focusing on stocks such as CES Energy Solutions, Trican Well Service, and Canadian Natural. ;'>

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $63.05, which is a -1.3% downside from current levels. In a report issued on March 26, TipRanks – OpenAI also downgraded the stock to Hold with a C$97.00 price target.

Vitesse Energy, Inc. (VTS)

Alliance Global Partners analyst Poe Fratt maintained a Buy rating on Vitesse Energy, Inc. today and set a price target of $25.00. The company’s shares closed last Friday at $18.51.

According to TipRanks.com, Fratt is a top 100 analyst with an average return of 35.0% and a 57.0% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Pangaea Logistics Solutions, Performance Shipping, and Genco Shipping. ;'>

Currently, the analyst consensus on Vitesse Energy, Inc. is a Moderate Buy with an average price target of $21.33, implying a 15.3% upside from current levels. In a report issued on March 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $21.50 price target.

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