Summary Highlights:
- Goldman Sachs upgraded Valero Energy (VLO, Financial) to 'Neutral', setting a price target of $127.
- Analyst consensus forecasts a 25.04% upside for Valero shares over the next year.
- Valero’s GF Value suggests a potential 8.73% appreciation from the current price.
Valero Energy Corp (NYSE: VLO) experienced a modest 0.2% increase in its stock price following Goldman Sachs' upgrade of its rating from 'Sell' to 'Neutral'. The investment bank also set a new price target at $127. This revision comes in response to improved market conditions and a favorable outlook for refining margins, bolstered by strategic OPEC+ initiatives and Valero's robust financial standing.
Analyst Price Targets and Recommendations
According to data compiled from 16 analysts, the average one-year price target for Valero Energy Corp (VLO, Financial) sits at $142.69. With estimates ranging between a high of $160.00 and a low of $118.00, the consensus reflects a potential upside of 25.04% from the current trading price of $114.11. Investors can access more detailed projections on the Valero Energy Corp (VLO) Forecast page.
The stock's average brokerage recommendation, derived from assessments by 20 firms, stands at 2.0—indicative of its 'Outperform' status. This scale ranges from 1, meaning 'Strong Buy', to 5, suggesting 'Sell'.
GF Value Analysis
Utilizing GuruFocus metrics, the estimated GF Value for Valero Energy over a one-year horizon is $124.07. This estimation points to an upside of 8.73% from the current stock value of $114.11. The GF Value reflects a calculated fair value based on historical trading multiples, previous business growth, and projected future performance. For further analysis, visit the Valero Energy Corp (VLO, Financial) Summary page.
