Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Valero Energy (VLO – Research Report) and Murphy Oil (MUR – Research Report).
Valero Energy (VLO)
In a report released yesterday, Doug Leggate from Bank of America Securities reiterated a Hold rating on Valero Energy, with a price target of $156.00. The company’s shares closed last Monday at $138.38.
According to TipRanks.com, Leggate is a 5-star analyst with an average return of
Valero Energy has an analyst consensus of Moderate Buy, with a price target consensus of $148.29, a 7.5% upside from current levels. In a report issued on January 25, Wells Fargo also maintained a Hold rating on the stock with a $138.00 price target.
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Murphy Oil (MUR)
Mizuho Securities analyst Nitin Kumar CFA maintained a Buy rating on Murphy Oil on January 25 and set a price target of $50.00. The company’s shares closed last Monday at $38.98.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Murphy Oil with a $47.33 average price target, which is a 23.2% upside from current levels. In a report issued on January 11, KeyBanc also maintained a Buy rating on the stock with a $50.00 price target.
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