In a report released today, Theresa Chen from Barclays maintained a Buy rating on Valero Energy, with a price target of $169.00. The company’s shares closed yesterday at $163.42.
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According to TipRanks, Chen is a 5-star analyst with an average return of 16.2% and a 70.98% success rate. Chen covers the Energy sector, focusing on stocks such as Valero Energy, Enbridge, and Energy Transfer.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Valero Energy with a $173.46 average price target, implying a 6.14% upside from current levels. In a report released on September 22, UBS also maintained a Buy rating on the stock with a $183.00 price target.
Based on Valero Energy’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $29.89 billion and a net profit of $714 million. In comparison, last year the company earned a revenue of $34.49 billion and had a net profit of $880 million
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