Raymond James analyst Justin Jenkins maintained a Buy rating on Valero Energy Corp (NYSE:VLO). on Friday, setting a price target of $69, which is approximately 34.74% above the present share price of $51.21.
Jenkins expects Valero Energy Corp. to post earnings per share (EPS) of -$1.14 for the fourth quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Valero Energy, with an average price target of $54.8.
The analysts price targets range from a high of $69 to a low of $37.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $15.81 billion and a net profit of -$621 million. The company's market cap is $20.88 billion.
According to TipRanks.com, Raymond James analyst Justin Jenkins is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.4% and a 58.56% success rate.
Valero Energy Corp. engages in the manufacture and marketing of transportation fuels and other petrochemical products. It operates through the following business segments: Refining, Ethanol and Renewable Diesel. The Refining segment comprises of refining operations, associated marketing activities, and logistics assets that support its refining operations. The Ethanol segment includes its ethanol operations, associated marketing activities, and logistics assets that support its ethanol operations. The Renewable Diesel covers the operations of Diamond Green Diesel Holdings LLC. The company was founded on January 1, 1980 and is headquartered in San Antonio, TX.