BMO Capital Sticks to Their Hold Rating for Vital Energy (VTLE)

BMO Capital analyst Phillip Jungwirth maintained a Hold rating on Vital Energy today and set a price target of $18.00. The company’s shares opened today at $14.54.

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Jungwirth covers the Energy sector, focusing on stocks such as Ovintiv, Baker Hughes Company, and Civitas Resources. According to TipRanks, Jungwirth has an average return of 2.7% and a 44.58% success rate on recommended stocks.

Vital Energy has an analyst consensus of Hold, with a price target consensus of $18.19, a 25.10% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a $7.00 price target.

Based on Vital Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $512.18 million and a GAAP net loss of $18.84 million. In comparison, last year the company earned a revenue of $482.34 million and had a GAAP net loss of $66.13 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock. Last month, Richard D Campbell, a Major Shareholder at VTLE sold 300,000.00 shares for a total of $5,466,706.08.