Tesoro Corporation (TSO) has an average broker rating of 1.86, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
Tesoro Corporation (TSO) stock is expected to deviate a maximum of $13.95 from the average target price of $101.27 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $120 and the most muted being $78.
For the current week, the company shares have a recommendation consensus of Buy.
Tesoro Corporation (NYSE:TSO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.88 and $74.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $76.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.31, notching a gain of 3.12% for the day. The total traded volume was 2,059,132 . The stock had closed at $74.00 on the previous day.
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.