Tesoro Corporation (ANDV) Receives Average Rating of “Buy” from Brokerages

Tesoro Corporation (NYSE:ANDV) has been assigned a consensus recommendation of “Buy” from the twenty ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $109.50.

ANDV has been the topic of several research reports. Zacks Investment Research upgraded shares of Tesoro Corporation from a “sell” rating to a “hold” rating in a report on Friday, July 14th. BidaskClub upgraded shares of Tesoro Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 11th. Royal Bank Of Canada restated a “hold” rating and issued a $100.00 target price on shares of Tesoro Corporation in a report on Thursday, July 20th. Scotiabank set a $99.00 target price on shares of Tesoro Corporation and gave the stock a “buy” rating in a report on Tuesday, July 11th. Finally, Citigroup Inc. raised their target price on shares of Tesoro Corporation from $104.00 to $109.00 and gave the stock a “buy” rating in a report on Monday, July 17th.

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Tesoro Corporation (NYSE:ANDV) traded up 0.61% during midday trading on Thursday, hitting $104.45. 1,013,211 shares of the company were exchanged. Tesoro Corporation has a 1-year low of $75.11 and a 1-year high of $107.71. The stock has a 50 day moving average of $103.12 and a 200-day moving average of $92.26. The stock has a market capitalization of $16.39 billion, a price-to-earnings ratio of 37.04 and a beta of 1.61.

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.

Analyst Recommendations for Tesoro Corporation (NYSE:ANDV)

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