Tesoro Corporation (ANDV) Price Target Raised to $123.00 at UBS AG
Tesoro Corporation (NYSE:ANDV) had its price target increased by research analysts at UBS AG from $116.00 to $123.00 in a research note issued to investors on Wednesday, www.benzinga.com reports. The brokerage presently has a “buy” rating on the oil and gas company’s stock. UBS AG’s price objective would indicate a potential upside of 16.38% from the stock’s current price.
Several other analysts also recently issued reports on ANDV. BidaskClub downgraded Tesoro Corporation from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. Royal Bank Of Canada cut their target price on Tesoro Corporation from $109.00 to $107.00 and set a “sector perform” rating on the stock in a research note on Friday, November 10th. Barclays PLC lifted their target price on Tesoro Corporation from $121.00 to $147.00 and gave the company an “overweight” rating in a research note on Tuesday. Howard Weil downgraded Tesoro Corporation from a “sector outperform” rating to a “sector perform” rating and set a $112.00 target price on the stock. in a research note on Thursday, September 28th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $120.00 target price on shares of Tesoro Corporation in a research note on Thursday, September 28th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Tesoro Corporation currently has a consensus rating of “Buy” and a consensus price target of $116.21.
Shares of Tesoro Corporation (NYSE ANDV) traded down $0.46 on Wednesday, hitting $105.69. The stock had a trading volume of 1,239,300 shares, compared to its average volume of 1,991,771. The firm has a market cap of $16,490.00, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 0.76 and a beta of 1.56. The company has a current ratio of 1.47, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. Tesoro Corporation has a one year low of $75.11 and a one year high of $112.21.
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About Tesoro Corporation
Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.
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