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Where Do Analysts’ Ratings for VLO Stand following Its Results?

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Analysts’ ratings for VLO

Now, let’s look at analysts’ ratings for Valero Energy (VLO) following its 1Q17 earnings results. 

Valero has been rated by a total of 21 analysts. Of this total, 12 analysts (or 57%) have given the stock “buy” or “strong buy” ratings, nine (or 43%) have given it “hold” ratings, and none have given it “sell” or “strong sell” ratings. 

VLO’s mean target price of $72 per share implies a 9% rise from its current level. As analysts drill down the 1Q17 numbers, VLO could see changes in its ratings or target prices.

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Analysts’ ratings for other refiners

Valero’s peers HollyFrontier (HFC), Delek US Holdings (DK), and Western Refining (WNR) have been rated as “buys” by 29%, 33%, and 17% of analysts, respectively. Other downstream players such as PBF Energy (PBF) and Alon USA Energy (ALJ) have been called “buys” by 35% and 11% of analysts, respectively.

For exposure to small-cap value stocks, you can consider the iShares Russell 2000 Value ETF (IWN). The ETF also has ~5% exposure to energy sector stocks, including DK, WNR, and ALJ. If you’re looking for exposure to mid-cap stocks, however, you can consider the SPDR S&P MIDCAP 400 ETF (MDY). The ETF has ~3% exposure to energy sector stocks, including HFC and WNR.

In the next article, we’ll look at the change in Valero’s implied volatility following its 1Q17 earnings.

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