RBC Capital analyst T J Schultz maintained a Buy rating on Valero Energy Corp (NYSE:VLO). on Wednesday, setting a price target of $97, which is approximately 42.15% above the present share price of $68.24.
J Schultz expects Valero Energy Corp. to post earnings per share (EPS) of $1.13 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Valero Energy, with an average price target of $94.27.
The analysts price targets range from a high of $106 to a low of $85.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $29.52 billion and a net profit of $693 million. The company's market cap is $27.9 billion.
According to TipRanks.com, RBC Capital analyst T J Schultz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.5% and a 65.58% 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.