Brokerage Firm Rating on Valero Energy Corporation (VLO)

Valero Energy Corporation (VLO) : Zacks Investment Research ranks Valero Energy Corporation (VLO) as 5, which is a Strong Sell recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.8, which indicates as a Buy.

Valero Energy Corporation (VLO) : 10 investment research analysts covering Valero Energy Corporation (VLO) have an average price target of $64.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $73 and the lowest target is $48 for the short term. Analysts expect the variance to be within $7.8 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Valero Energy Corporation (NYSE:VLO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.01 and $52.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.35, notching a gain of 2.70% for the day. The total traded volume was 7,812,071 . The stock had closed at $52.92 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Crownover R. Michael, officer (EVP) of Valero Energy Corp/Tx, had unloaded 17,104 shares at an average price of $72.98 in a transaction dated on November 24, 2015. The total value of the transaction was worth $1,248,250.

Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. The Companys refineries can produce conventional gasolines, premium gasolines, gasoline, diesel fuel, low-sulfur diesel fuel, ultra-low-sulfur diesel fuel, CARB diesel fuel, other distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products. The Company markets branded and unbranded refined products through approximately 7,400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations, wholesale marketing, product supply and distribution, and transportation operations in the United States, Canada, the United Kingdom, Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.

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