Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Energy Companies: Imperial Oil (IMO) and Valero Energy (VLO)

Tipranks - Tue Feb 3, 7:44AM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Imperial Oil (IMOResearch Report) and Valero Energy (VLOResearch Report).

Claim 50% Off TipRanks Premium

Imperial Oil (IMO)

BMO Capital analyst Randy Ollenberger maintained a Hold rating on Imperial Oil on January 30 and set a price target of C$129.00. The company’s shares closed last Friday at $101.25.

According to TipRanks.com, Ollenberger is a 5-star analyst with an average return of 12.6% and a 57.4% success rate. Ollenberger covers the NA sector, focusing on stocks such as Birchcliff Energy, Cenovus Energy, and Suncor Energy. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Imperial Oil with a $83.19 average price target, representing a -19.2% downside. In a report issued on January 23, Morgan Stanley also maintained a Hold rating on the stock with a C$98.00 price target.

See today’s best-performing stocks on TipRanks >>

Valero Energy (VLO)

BMO Capital analyst Phillip Jungwirth maintained a Buy rating on Valero Energy on January 30 and set a price target of $200.00. The company’s shares closed last Friday at $181.43, close to its 52-week high of $184.79.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 3.6% and a 46.8% success rate. Jungwirth covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Weatherford International, and HF Sinclair Corporation. ;'>

Valero Energy has an analyst consensus of Moderate Buy, with a price target consensus of $194.00, representing a 5.9% upside. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $202.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.