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Analysts Offer Insights on Energy Companies: Suncor Energy (SU), Valero Energy (VLO) and Energy Transfer (ET)

Tipranks - Thu Aug 6, 7:50AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Suncor Energy (SU), Valero Energy (VLO) and Energy Transfer (ET).

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Suncor Energy (SU)

In a report released today, Lloyd Byrne from Jefferies maintained a Hold rating on Suncor Energy, with a price target of C$96.00. The company’s shares closed last Tuesday at $64.45.

According to TipRanks.com, Byrne is a 5-star analyst with an average return of 18.2% and a 57.5% success rate. Byrne covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Kodiak Gas Services, Inc., and Baker Hughes Company. ;'>

Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of $72.81, which is a 12.3% upside from current levels. In a report issued on July 29, Goldman Sachs also maintained a Hold rating on the stock with a $75.00 price target.

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Valero Energy (VLO)

In a report released yesterday, Arun Jayaram from J.P. Morgan maintained a Buy rating on Valero Energy, with a price target of $339.00. The company’s shares closed last Tuesday at $308.73.

According to TipRanks.com, Jayaram is a 5-star analyst with an average return of 7.8% and a 57.9% success rate. Jayaram covers the NA sector, focusing on stocks such as National Energy Services Reunited, California Resources Corp, and National Fuel Gas Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Valero Energy with a $320.67 average price target, implying a 5.1% upside from current levels. In a report issued on July 30, TipRanks – DeepSeek also upgraded the stock to Buy with a $331.00 price target.

Energy Transfer (ET)

Truist Financial analyst Gabriel Daoud maintained a Buy rating on Energy Transfer today. The company’s shares closed last Tuesday at $20.33.

According to TipRanks.com, Daoud has 0 stars on 0-5 stars ranking scale with an average return of -10.6% and a 38.2% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Mach Natural Resources LP. ;'>

Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $24.57, which is a 19.5% upside from current levels. In a report issued on July 21, RBC Capital also maintained a Buy rating on the stock with a $23.00 price target.

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