There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on China Aviation Oil (Singapore) (CAOLF – Research Report) and Valero Energy (VLO – Research Report) with bullish sentiments.
China Aviation Oil (Singapore) (CAOLF)
In a report released yesterday, Peggy Mak from Phillip Securities initiated coverage with a Buy rating on China Aviation Oil (Singapore) and a price target of S$1.01. The company’s shares closed last Tuesday at $0.55, equals to its 52-week high of $0.55.
According to TipRanks.com, Mak is ranked #5149 out of 8565 analysts.
China Aviation Oil (Singapore) has an analyst consensus of Strong Buy, with a price target consensus of $0.79.
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Valero Energy (VLO)
In a report issued on October 26, Nitin Kumar CFA from Mizuho Securities maintained a Buy rating on Valero Energy, with a price target of $159.00. The company’s shares closed last Monday at $124.24.
According to TipRanks.com, CFA is a top 25 analyst with an average return of
Valero Energy has an analyst consensus of Moderate Buy, with a price target consensus of $149.92, representing a 20.4% upside. In a report issued on October 27, TD Cowen also maintained a Buy rating on the stock with a $151.00 price target.
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