Impact of Brokerage Rating on Valero Energy Corporation(VLO)

Many Valero Energy Corporation(VLO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Mizuho on Feb 3, 2017 to Buy, Raises Price Target to $ 58 from a previous price target of $55 .Valero Energy Corporation was Reiterated by Barclays on Feb 1, 2017 to Overweight, Lowers Price Target to $ 85 from a previous price target of $95 .Valero Energy Corporation was Downgraded by Citigroup to Neutral on Jan 17, 2017. Valero Energy Corporation was Downgraded by Jefferies to Hold on Jan 12, 2017. Valero Energy Corporation was Upgraded by BofA/Merrill to Buy on Jan 5, 2017.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Joseph W Gorder (COB, President and CEO) sold 39,057 shares at 67.85 per share price.On Dec 12, 2016, Michael S Ciskowski (EVP and CFO) sold 57,946 shares at 68.70 per share price.On Nov 24, 2015, R. Michael Crownover (EVP) sold 17,104 shares at 72.98 per share price.

Valero Energy Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.78. The company had revenue of $20712.00 million for the quarter, compared to analysts expectations of $18887.47 million. The companys revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 EPS.

Valero Energy Corporation (NYSE:VLO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.79 by 14 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.

Valero Energy Corporation (NYSE:VLO) stock has received a short term price target of $ 72 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $7.75. The higher estimate of target price is $86 , while the lower price target estimate is $62

Valero Energy Corporation (NYSE:VLO) rose 0.87% or 0.58 points on Tuesday and made its way into the gainers of the day. After trading began at $67.23 the stock was seen hitting $67.69 as a peak level and $66.91 as the lowest level. The stock ended up at $67.62. The daily volume was measured at 2,512,323 shares. The 52-week high of the share price is $71.4 and the 52-week low is $46.88. The company has a market cap of $30,427 million.

Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD, making it one of the nations top refiners of petroleum products. Valero is also one of the nations leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock, Ultramar, Valero, Beacon and Total.


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