Vaalco Energy (EGY) Gets a Buy from Roth MKM
Roth MKM analyst John M. White maintained a Buy rating on Vaalco Energy today and set a price target of $8.00. The company’s shares opened today at $3.80.
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According to TipRanks, M. White is an analyst with an average return of -2.5% and a 40.18% success rate. M. White covers the Energy sector, focusing on stocks such as Vitesse Energy, Inc., Amplify Energy, and Northern Oil And Gas.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vaalco Energy with a $8.48 average price target, implying a 123.16% upside from current levels. In a report released on July 24, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $4.50 price target.
Based on Vaalco Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $110.33 million and a net profit of $7.73 million. In comparison, last year the company earned a revenue of $100.16 million and had a net profit of $7.69 million
