Valero Energy Corporation (VLO) : Traders are bullish on Valero Energy Corporation (VLO) as it has outperformed the S&P 500 by a wide margin of 5.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.84% in the last 1 week, and is up 5.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.71% and the fifty day Moving Average is 6.98%. Valero Energy Corporation is up 2.44% in the last three month period. Year-to-Date the stock performance stands at -19.31%.
Valero Energy Corporation (VLO) : The most positive equity analysts on Valero Energy Corporation (VLO) expects the shares to touch $73, whereas, the least positive believes that the stock will trade at $54 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $65.6 with an expected fluctuation of $6.13 from the mean.
Valero Energy Corporation (NYSE:VLO): stock turned positive on Friday. Though the stock opened at $55.06, the bulls momentum made the stock top out at $55.595 level for the day. The stock recorded a low of $54.67 and closed the trading day at $55.28, in the green by 0.47%. The total traded volume for the day was 4,064,616. The stock had closed at $55.02 in the previous days trading.
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.