Valero Energy (VLO) Stock Forecast & Price Target

$134.19

-1.33 (-0.98%)

(As of 09/6/2024 ET)

Valero Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for Valero Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 3 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for VLO.

Consensus Price Target

$174.50
30.04% Upside

High Forecast	$210.00
Average Forecast	$174.50
Low Forecast	$130.00

According to the 15 analysts' twelve-month price targets for Valero Energy, the average price target is $174.50. The highest price target for VLO is $210.00, while the lowest price target for VLO is $130.00. The average price target represents a forecasted upside of 30.04% from the current price of $134.19.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$174.50	$174.00	$173.53	$152.69
Forecasted Upside	30.04% Upside	13.42% Upside	12.81% Upside	17.80% Upside

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VLO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

VLO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Valero Energy Stock vs. The Competition

Type	Valero Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.73	2.59	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	30.04% Upside	120.24% Upside	11.35% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/3/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$165.00 ➝ $172.00	+21.11%
7/18/2024	Wolfe Research 3 of 5 stars	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$177.00	+17.95%
7/17/2024	Mizuho 3 of 5 stars	N. Kumar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$165.00 ➝ $175.00	+17.58%
7/12/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$165.00 ➝ $173.00	+16.96%
7/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$171.00 ➝ $165.00	+11.28%
7/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$178.00 ➝ $172.00	+7.67%
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6/14/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$187.00 ➝ $169.00	+12.74%
5/16/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
4/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$190.00 ➝ $185.00	+11.58%
4/18/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$160.00 ➝ $192.00	+16.28%
3/26/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$167.00 ➝ $197.00	+16.92%
3/22/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$130.00 ➝ $171.00	+0.45%
3/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$156.00 ➝ $210.00	+31.75%
1/26/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$154.00 ➝ $155.00	+15.34%
10/30/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$150.00 ➝ $130.00	+6.29%
7/31/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$145.00	+12.34%
7/19/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$160.00	+36.04%
4/28/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$159.00 ➝ $151.00	+31.72%
1/17/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$135.00 ➝ $160.00	+17.53%
10/19/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$147.00	+24.89%
9/20/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$127.00	+18.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:37 PM ET.

VLO Forecast - Frequently Asked Questions

What is Valero Energy's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Valero Energy is $174.50, with a high forecast of $210.00 and a low forecast of $130.00.
Should I buy or sell Valero Energy stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valero Energy in the last twelve months. There is currently 1 sell rating, 3 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VLO shares.
Does Valero Energy's stock price have much upside?: According to analysts, Valero Energy's stock has a predicted upside of 14.56% based on their 12-month stock forecasts.
Has Valero Energy been upgraded by Wall Street analysts recently?: Over the previous 90 days, Valero Energy's stock had 1 upgrade by analysts.
What analysts cover Valero Energy?: Valero Energy has been rated by research analysts at Barclays, JPMorgan Chase & Co., Mizuho, Piper Sandler, Scotiabank, Wells Fargo & Company, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Valero Energy more than its competitors?: Analysts like Valero Energy more than other "oils/energy" companies. The consensus rating score for Valero Energy is 2.73 while the average consensus rating score for "oils/energy" companies is 2.60. Learn more on how VLO compares to other companies.