Valvoline (VVV) Receives a Rating Update from a Top Analyst

In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Valvoline (VVV – Research Report), with a price target of $50.00. The company’s shares closed last Friday at $44.49.

Fadem covers the Consumer Cyclical sector, focusing on stocks such as AutoZone, Home Depot, and Lowe’s. According to TipRanks, Fadem has an average return of 15.4% and a 66.80% success rate on recommended stocks.

Currently, the analyst consensus on Valvoline is a Moderate Buy with an average price target of $45.67, representing a 2.65% upside. In a report released on March 18, Mizuho Securities also initiated coverage with a Buy rating on the stock with a $50.00 price target.

VVV market cap is currently $5.77B and has a P/E ratio of -41.92.

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Valvoline (VVV) Company Description:

Valvoline, Inc. is engaged in producing, marketing and supplying of engine & automotive maintenance products and services. The company operates through three segments: Engine and Automotive Maintenance Products, Company-Owned Quick-lube Operations, and Franchised Quick-Lube Operations. The Engine and Automotive Maintenance Products segment include lubricants, antifreeze, chemicals, filters, and other complementary products for use across a wide array of vehicles and engines. The Company-Owned Quick-lube Operations segment includes the sale of engine and automotive maintenance products and related services. The Franchised Quick-Lube Operations segment include product sales and the license of intellectual property, which provides access to the Valvoline brand and proprietary information to operate service center stores over the term of a franchise agreement. Its products include motor oil, gear oil, pro-v racing and antifreeze and radiator. Valvoline was founded in 1866 and is headquartered in Lexington, KY.