Peel Hunt Reiterates Forterra Plc (LON:FORT) As “Buy”; Has Target Price per Share Of GBX 330.00; Valero Energy Has 1.06 Sentiment

June 19, 2017 - By Kurt Siggers

In an analyst report made public on today, Peel Hunt maintained their “Buy” rating on Forterra Plc (LON:FORT)‘s stock. The target price indicates a potential upside of 22.79% from company’s close price.

Valero Energy Corporation is an independent petroleum refiner and ethanol producer. The company has market cap of $29.93 billion. The Company’s divisions include refining, ethanol and Valero Energy Partners LP (VLP). It has a 14.5 P/E ratio. The refining segment includes its refining activities and the associated marketing activities.

Wilsey Asset Management Inc holds 8.88% of its portfolio in Valero Energy Corporation for 178,284 shares. Csu Producer Resources Inc. owns 14,500 shares or 5.52% of their US portfolio. Moreover, Westchester Capital Management Inc. has 4.38% invested in the company for 128,500 shares. The Ohio-based Randolph Co Inc has invested 4.28% in the stock. Royal Bank Of Scotland Group Plc, a United Kingdom-based fund reported 225,420 shares.

The stock increased 1.72% or $1.11 on June 16, reaching $65.8. About shares traded. Valero Energy Corporation (VLO) has risen 15.29% since June 19, 2016 and is uptrending. It has underperformed by 1.41% the S&P500.

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on July, 25. They expect $1.41 EPS, up 31.78% or $0.34 from last year’s $1.07 per share. VLO’s profit will be $641.36 million for 11.67 P/E if the $1.41 EPS becomes a reality. After $0.68 actual EPS reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts 107.35% EPS growth.

Since January 1, 0001, it had 0 buys, and 3 selling transactions for $4.77 million activity.

Ratings analysis reveals 86% of Valero Energy’s analysts are positive. Out of 7 Wall Street analysts rating Valero Energy, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $58.0 while the high is $85.0. The stock’s average target of $67.75 is 2.96% above today’s ($65.8) share price. VLO was included in 7 notes of analysts from August 23, 2016. The firm has “Buy” rating given on Friday, February 3 by Mizuho. The firm has “Buy” rating by Bank of America given on Thursday, January 5. The stock of Valero Energy Corporation (NYSE:VLO) earned “Buy” rating by Tudor Pickering on Wednesday, November 16. The stock of Valero Energy Corporation (NYSE:VLO) earned “Neutral” rating by Citigroup on Tuesday, January 17. As per Wednesday, February 1, the company rating was maintained by Barclays Capital. The stock has “Sector Outperform” rating by Howard Weil on Wednesday, October 26. The company was initiated on Tuesday, August 23 by Jefferies.

Forterra plc is a producer of manufactured masonry products. The company has market cap of 543.20 million GBP. The Firm is also a maker of building products for the United Kingdom construction industry. It has a 19.77 P/E ratio. The Company’s divisions include Bricks, Blocks and Bespoke Products.

About 21,368 shares traded. Forterra PLC (LON:FORT) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

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