Raymond James analyst Justin Jenkins maintained a Buy rating on Valero Energy Corp (NYSE:VLO). on Wednesday, setting a price target of $100, which is approximately 23.49% above the present share price of $80.98.
Jenkins expects Valero Energy Corp. to post earnings per share (EPS) of -$1.73 for the second 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 $92.56.
The analysts price targets range from a high of $119 to a low of $81.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $20.81 billion and a net profit of -$666 million. The company's market cap is $33.1 billion.
According to TipRanks.com, Raymond James analyst Justin Jenkins is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.2% and a 62.79% 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.