Yahoo Finance How Are Analysts Rating Tesoro before Its 1Q16 Results?
A 1Q16 Pre-Earnings Look at Tesoro: Can It Beat Estimates?
Analyst ratings
In this series, we’ve examined Tesoro’s 1Q16 estimates, refining margin outlook, stock performance, recent moves, and growth strategy ahead of its earnings release expected on May 4, 2016. In this part, we’ll look at analysts’ ratings for the stock.
The above table shows that five of 11 firms have rated Tesoro (TSO) a “buy,” “overweight,” or “outperform.” The highest 12-month price target for TSO stands at $120, indicating a 43% gain from current levels. The remaining six firms have rated Tesoro a “hold.” The average 12-month price target for TSO stands at $105, indicating a 25% gain from current levels. None of the above firms have given Tesoro a “sell” rating. In fact, TSO’s lowest 12-month price target stands at $91, implying an 8% rise from current levels.
Cowen gave Tesoro the highest price target. RBC Capital Markets gave it the lowest price target. Barclays, JPMorgan, and Macquarie have given price targets exceeding $100 per share. On the other hand, Wolfe Research, Evercore ISI, and Raymond James have given “peer perform,” “market perform,” and “hold” recommendations, respectively, on the stock.
Analyst recommendations for peers
Tesoro’s (TSO) peers Western Refining (WNR), Delek US Holdings (DK), and Alon USA Energy (ALJ) have been rated “buy” by 43%, 67%, and 9% of analysts surveyed, respectively. If you’re looking for exposure to high dividend stocks, you can consider the Vanguard High Dividend Yield ETF (VYM). The ETF has ~10% exposure to energy sector stocks.
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