Tesoro Corporation (NYSE:TSO) stock has received a short term price target of $ 112.1 from 10 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $12.25. The higher estimate of target price is $125 , while the lower price target estimate is $88
Many analysts have stated their opinion on the company shares. JP Morgan maintains its rating on Tesoro Corporation (NYSE:TSO). The global brokerage major lowers the current price target from $100 per share to $96 per share. Analysts at the JP Morgan have a current rating of Neutral on the shares. The rating by the firm was issued on June 10, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities,The officer (SVP, Commercial) of Tesoro Corp /New/, Schofield Daryl R sold 2,660 shares at $80 on May 23, 2016. The Insider selling transaction had a total value worth of $212,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Tesoro Corporation (NYSE:TSO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.98 points or 3.86% at $74.23 with 1,821,093 shares getting traded. Post opening the session at $76.84, the shares hit an intraday low of $74.15 and an intraday high of $77.27 and the price was in this range throughout the day. The company has a market cap of $8,906 million and the number of outstanding shares have been calculated to be 119,975,826 shares. The 52-week high of Tesoro Corporation (NYSE:TSO) is $119.67 and the 52-week low is $67.8.
Tesoro Corporation is an independent petroleum refining and marketing company. Through its subsidiaries, the Company primarily transports crude oil and manufactures, transports and sells transportation fuels. The Company operates through three business segments: Refining operating segment, which owns and perates six petroleum refineries with a combined crude oil capacity of 850 thousand barrels per day (Mbpd) located in the western United States and sells transportation fuels to a variety of customers; TLLP, a publicly traded limited partnership, which includes certain crude oil and natural gas gathering assets, natural gas processing and crude oil and refined products terminalling, transportation and storage assets, and Retail operating segment, which sells transportation fuels in approximately 16 states through a network of approximately 2,267 retail stations under the ARCO, Shell, Exxon, Mobil, USA Gasoline and Tesoro brands.