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Barclays Stick to Their Buy Rating for Valero Energy Corp.

Published 10/05/2021, 09:20 PM
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Barclays (LON:BARC) analyst Theresa Chen maintained a Buy rating on Valero Energy Corp (NYSE:VLO). on Friday, setting a price target of $82, which is approximately 9.30% above the present share price of $75.02.

Chen expects Valero Energy Corp. to post earnings per share (EPS) of $0.39 for the fourth quarter of 2021.

The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Valero Energy, with an average price target of $83.13.
The analysts price targets range from a high of $94 to a low of $75.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $27.75 billion and a net profit of $509 million. The company's market cap is $30.67 billion.

According to TipRanks.com, Barclays analyst Theresa Chen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.7% and a 65.75% success rate.

Founded in 1980, Texas-based Valero Energy Corp. manufactures and markets transportation fuels and other petrochemical products. The company operates through three business segments: Refining, Ethanol and Renewable Diesel.

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