Valvoline (VVV) Research Coverage Started at Goldman Sachs Group Inc.
VVV has been the topic of a number of other research reports. Seaport Global Securities started coverage on Valvoline in a report on Monday, September 26th. They set a “buy” rating and a $27.00 target price on the stock. Gabelli started coverage on Valvoline in a report on Wednesday, September 21st. They set a “buy” rating and a $29.00 target price on the stock. Finally, Monness Crespi & Hardt started coverage on Valvoline in a report on Tuesday, September 27th. They set a “buy” rating and a $27.00 target price on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Valvoline presently has an average rating of “Buy” and an average price target of $27.67.
Valvoline (NYSE:VVV) opened at 23.11 on Tuesday. The company has a 50-day moving average price of $23.27 and a 200-day moving average price of $23.27. Valvoline has a 12-month low of $22.60 and a 12-month high of $24.51. The firm has a market cap of $4.62 billion and a P/E ratio of 19.19.
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In other Valvoline news, CFO Mary E. Meixelsperger acquired 2,500 shares of the business’s stock in a transaction dated Wednesday, September 28th. The shares were acquired at an average price of $22.00 per share, for a total transaction of $55,000.00. Following the acquisition, the chief financial officer now directly owns 2,500 shares of the company’s stock, valued at approximately $55,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sara K. Stensrud acquired 3,000 shares of the business’s stock in a transaction dated Wednesday, September 28th. The shares were acquired at an average price of $22.00 per share, for a total transaction of $66,000.00. Following the acquisition, the insider now directly owns 3,000 shares in the company, valued at $66,000. The disclosure for this purchase can be found here.
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