A report released today by BofA Merrill about Valvoline (NYSE:VVV) bumps the target price to $27.00
- Updated: October 18, 2016
Just yesterday Valvoline (NYSE:VVV) traded 0.00% even at $23.11. The company’s 50-day average is $23.27 and its two hundred day average is $23.27. The last close is down -0.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trading volume was down over the average, with 12,411 shares of VVV changing hands under the typical 3,564,620
In a report issued 10/18/2016 BofA Merrill raised the target price of Valvoline (NYSE:VVV) to $27.00 reporting a potential upside of 0.17%.
On 09/27/2016, Monness Crespi & Hardt released a statement for Valvoline (NYSE:VVV) upped the target price from $0.00 to $27.00. At the time, this indicated a possible upside of 0.13%.
See Chart Below
With a total market value of $0, Valvoline has PE ratio of 19.19 with a one year low of $22.60 and a one year high of $24.51 .
Brief Synopsis About Valvoline (NYSE:VVV)
Valvoline Inc. manufactures and markets a range of products, such as automotive and industrial lubricants and antifreeze, and provides automotive maintenance services. The Company has three segments: Core North America, Quick Lubes and International. Its product line includes lubricants, such as passenger car/light duty and heavy duty; antifreeze/coolants; chemicals, such as maintenance chemicals and coatings, and filters. The Core North America segment sells Valvoline and other branded products in the United States and Canada to both consumers who perform their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as to installer customers who use its products to service vehicles owned by Do-It-For-Me (DIFM) consumers. The Company's Quick Lubes segment services the passenger car and light truck quick lube market through platforms, including the Company-owned and franchised Valvoline Instant Oil Change (VIOC) stores, and Express Care.
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