Valero Energy Corp Gets a Hold from Jefferies

By Jason Carr

Jefferies analyst Corey Goldman reiterated a Hold rating on Valero Energy Corp (NYSE: VLO) today and set a price target of $65. The company’s shares closed yesterday at $64.15.

According to TipRanks.com, Goldman is a 3-star analyst with an average return of 5.8% and a 57.1% success rate. Goldman covers the Basic Materials sector, focusing on stocks such as Valero Energy Partners, Phillips 66 Partners, and Tesoro Logistics.

Valero Energy Corp has an analyst consensus of Moderate Buy, with a price target consensus of $76.33.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2017, Stephen Waters, a Director at VLO sold 1,000 shares for a total of $66,190.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Valero Energy Corp. engages in the manufacture and marketing of transportation fuels and other petrochemical products. It operates through the Refining and Ethanol segments. The Refining segment includes refining operations, associated marketing activities, and logistics assets that support its refining operations. The Ethanol segment includes its ethanol operations, associated marketing activities, and logistics assets that support its ethanol operations. The company was founded on January 1, 1980 and is headquartered in San Antonio, TX.