Vitesse Energy (NYSE:VTS) Now Covered by Jefferies Financial Group

Equities research analysts at Jefferies Financial Group began coverage on shares of Vitesse Energy (NYSE:VTS – Get Rating) in a research report issued 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 indicates a potential upside of 34.42% from the stock’s current price.

VTS has been the subject of several other research reports. Northland Securities assumed coverage on Vitesse Energy in a research report on Tuesday, January 24th. They issued an “outperform” rating and a $23.00 price objective for the company. Evercore ISI began coverage on Vitesse Energy in a research report on Thursday, February 16th. They issued an “outperform” rating and a $22.00 price objective for the company.

Vitesse Energy Price Performance

VTS opened at $17.11 on Wednesday. The company has a 50 day simple moving average of $17.44. Vitesse Energy has a 1-year low of $13.90 and a 1-year high of $20.99.

Insider Buying and Selling

In other news, General Counsel Christopher I. Humber acquired 5,000 shares of the stock in a transaction on Wednesday, March 15th. The stock was acquired at an average cost of $16.57 per share, for a total transaction of $82,850.00. Following the completion of the transaction, the general counsel now directly owns 55,000 shares in the company, valued at $911,350. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Vitesse Energy Company Profile

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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.