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Analysts Offer Insights on Energy Companies: Valero Energy (VLO) and TC Energy (TRP)

Tipranks - Tue May 5, 6:52AM CDT

Analysts fell to the sidelines weighing in on Valero Energy (VLO) and TC Energy (TRP) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Valero Energy (VLO)

In a report released today, Jason Gabelman from TD Cowen maintained a Hold rating on Valero Energy, with a price target of $276.00. The company’s shares closed last Friday at $246.87.

According to TipRanks.com, Gabelman is a 5-star analyst with an average return of 14.0% and a 64.5% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Valero Energy is a Moderate Buy with an average price target of $259.47, a 3.6% upside from current levels. In a report issued on April 22, TipRanks – OpenAI also downgraded the stock to Hold with a $248.00 price target.

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TC Energy (TRP)

In a report released today, John Mackay from Goldman Sachs maintained a Hold rating on TC Energy, with a price target of C$86.00. The company’s shares closed last Friday at $66.57.

According to TipRanks.com, Mackay is a 5-star analyst with an average return of 22.2% and a 69.6% success rate. Mackay covers the NA sector, focusing on stocks such as LandBridge Company LLC Class A, Venture Global, Inc. Class A, and Enterprise Products Partners. ;'>

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $67.99, which is a 1.2% upside from current levels. In a report issued on May 1, Jefferies also maintained a Hold rating on the stock with a C$88.00 price target.

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