TD Cowen has revised its rating for Valero (VLO, Financial), changing its stance from Buy to Hold. Despite this downgrade, the price target for the stock has been increased from $118 to $140. This adjustment reflects a nuanced perspective on the company's future performance and potential market movements.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Valero Energy Corp (VLO, Financial) is $155.03 with a high estimate of $186.00 and a low estimate of $118.00. The average target implies an upside of 5.98% from the current price of $146.28. More detailed estimate data can be found on the Valero Energy Corp (VLO) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Valero Energy Corp's (VLO, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Valero Energy Corp (VLO, Financial) in one year is $117.18, suggesting a downside of 19.89% from the current price of $146.28. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Valero Energy Corp (VLO) Summary page.
