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Analysts Are Bullish on These Energy Stocks: Ovintiv (OVV), Vitesse Energy, Inc. (VTS)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Ovintiv (OVVResearch Report) and Vitesse Energy, Inc. (VTSResearch Report) with bullish sentiments.

Ovintiv (OVV)

Jefferies analyst Lloyd Byrne maintained a Buy rating on Ovintiv yesterday and set a price target of $53.00. The company’s shares closed last Tuesday at $46.06.

According to TipRanks.com, Byrne is a 5-star analyst with an average return of 27.3% and a 55.8% success rate. Byrne covers the NA sector, focusing on stocks such as Drilling Tools International, Occidental Petroleum, and Baker Hughes Company.

Currently, the analyst consensus on Ovintiv is a Moderate Buy with an average price target of $52.16, which is a 12.9% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a $50.00 price target.

See today’s best-performing stocks on TipRanks >>

Vitesse Energy, Inc. (VTS)

In a report released today, Donovan Schafer CFA from Northland Securities reiterated a Buy rating on Vitesse Energy, Inc., with a price target of $28.00. The company’s shares closed last Tuesday at $22.31.

According to TipRanks.com, CFA ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -21.7% and a 24.5% success rate. CFA covers the Technology sector, focusing on stocks such as Sunnova Energy International, NEXTracker, Inc. Class A, and Array Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vitesse Energy, Inc. with a $26.92 average price target.

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