Jefferies Financial Group Initiates Coverage on Vitesse Energy (NYSE:VTS)

Stock analysts at Jefferies Financial Group assumed coverage on shares of Vitesse Energy (NYSE:VTSGet Rating) in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage set a “buy” rating and a $23.00 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 34.42% from the stock’s current price.

Other analysts have also issued reports about the stock. Evercore ISI assumed coverage on shares of Vitesse Energy in a research report on Thursday, February 16th. They set an “outperform” rating and a $22.00 price target for the company. Northland Securities initiated coverage on Vitesse Energy in a research note on Tuesday, January 24th. They set an “outperform” rating and a $23.00 price target on the stock.

Vitesse Energy Trading Up 2.8 %

Shares of NYSE:VTS opened at $17.11 on Wednesday. Vitesse Energy has a 12-month low of $13.90 and a 12-month high of $20.99. The firm has a fifty day moving average of $17.44.

Insider Buying and Selling

In other Vitesse Energy news, General Counsel Christopher I. Humber purchased 5,000 shares of Vitesse Energy stock in a transaction on Wednesday, March 15th. The stock was bought at an average cost of $16.57 per share, with a total value of $82,850.00. Following the transaction, the general counsel now owns 55,000 shares of the company’s stock, valued at approximately $911,350. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

About Vitesse Energy

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Vitesse Energy Inc is an independent energy company. It engaged in the acquisition, development and production of non-operated oil and natural gas properties principally in the United States. Vitesse Energy Inc is based in NEW YORK.

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