5 Best Energy Stocks To Invest In According to Analysts

In this article, we will take a look at the 5 best energy stocks to invest in according to analysts. If you want to explore similar stocks, you can go to 12 Best Energy Stocks To Invest In According to Analysts.

5. Valero Energy Corporation (NYSE:VLO)

Average Analyst Price Target as of April 11: $164.33

Average Upside Potential as of April 11: 20.31%

Number of Hedge Fund Holders: 47

Over the past 3 months, Valero Energy Corporation (NYSE:VLO) has received 14 Buy ratings from analysts and has an average price target of $164.33, as of April 11. The stock’s average price target implies an upside of 20.31% from its share price on April 11. Valero Energy Corporation (NYSE:VLO) is one of the best energy stocks to buy now.

On April 6, Barclays analyst Theresa Chen raised her price target on Valero Energy Corporation (NYSE:VLO) to $166 from $159 and maintained an Overweight rating on the shares. As of April 11, the stock has gained 35.64% over the past 12 months.

At the end of Q4 2022, 47 hedge funds were long Valero Energy Corporation (NYSE:VLO) and disclosed positions worth $978 million in the company. Of those. As of December 31, AQR Capital Management is the top stockholder in the company and has a position worth $165 million.