Raymond James analyst Justin Jenkins maintained a Buy rating on Valero Energy Corp (NYSE:VLO). on Friday, setting a price target of $95, which is approximately 15.85% above the present share price of $82.
Jenkins expects Valero Energy Corp. to post earnings per share (EPS) of $0.39 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Valero Energy, with an average price target of $87.4.
The analysts price targets range from a high of $105 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 $33.52 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 9.8% and a 63.89% 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.