Is VAALCO Energy Inc. (EGY) Stock worth its current valuation?

ROTH Capital raised the price target for the VAALCO Energy Inc. (NYSE:EGY) stock from ‘a Neutral’ to ‘a Buy’. The rating was released on April 13, 2021, according to finviz. The research report from ROTH Capital has initiated the stock to Buy, with a price target set at $4. The stock was initiated by Canaccord Genuity, who disclosed in a research note on October 18, 2019, to Buy and set the price objective to $2.70. In their research brief published June 10, 2015, RBC Capital Mkts analysts reiterated the VAALCO Energy Inc.