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Analysts Have Conflicting Sentiments on These Energy Companies: Valero Energy (VLO) and Empire Energy Group Limited (OtherEEGUF)

Tipranks - Tue Mar 24, 7:20PM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Valero Energy (VLO) and Empire Energy Group Limited (EEGUF).

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Valero Energy (VLO)

Bank of America Securities analyst Jean Ann Salisbury reiterated a Hold rating on Valero Energy yesterday and set a price target of $247.00. The company’s shares closed last Monday at $237.39.

According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 8.1% and a 66.0% success rate. Salisbury covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Cheniere Energy Partners, and Occidental Petroleum. ;'>

Currently, the analyst consensus on Valero Energy is a Moderate Buy with an average price target of $202.79, which is a -12.7% downside from current levels. In a report issued on March 9, TipRanks – OpenAI also downgraded the stock to Hold with a $246.00 price target.

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Empire Energy Group Limited (EEGUF)

Canaccord Genuity analyst James Bullen maintained a Buy rating on Empire Energy Group Limited today and set a price target of A$0.45. The company’s shares closed last Wednesday at $0.20, close to its 52-week high of $0.21.

According to TipRanks.com, Bullen is a 4-star analyst with an average return of 5.5% and a 48.0% success rate. Bullen covers the NA sector, focusing on stocks such as Deep Yellow Limited, Paladin Energy Ltd, and Peninsula Energy. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Empire Energy Group Limited.

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