Wall Street is positive on Valero Energy Corporation (VLO). On average, analysts give Valero Energy Corporation a Strong Buy rating. The average price target is $66.307, which means analysts expect the stock to gain by 31.82% over the next twelve months.
That average ranking earns Valero Energy Corporation an Analyst Rating of 70, which is better than 70% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Valero Energy Corporation Stock Today?
Valero Energy Corporation (VLO) stock is trading at $50.30 as of 1:33 PM on Monday, Nov 9, a rise of $12.13, or 31.78% from the previous closing price of $38.17. The stock has traded between $44.90 and $50.90 so far today. Volume today is more active than usual. So far 11,240,262 shares have traded compared to average volume of 5,096,106 shares.
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