SunTrust Banks Inc. started coverage on shares of Valvoline (NYSE:VVV) in a research note published on Tuesday morning. The firm issued a hold rating and a $25.00 target price on the stock.

Other equities analysts have also issued research reports about the company. Deutsche Bank AG began coverage on Valvoline in a research report on Tuesday. They issued a hold rating and a $24.00 price target for the company. Goldman Sachs Group Inc. began coverage on Valvoline in a research report on Tuesday. They issued a neutral rating and a $24.00 price target for the company. Bank of America Corp. began coverage on Valvoline in a research report on Tuesday. They issued a buy rating and a $27.00 price target for the company. Monness Crespi & Hardt began coverage on Valvoline in a research report on Tuesday, September 27th. They issued a buy rating and a $27.00 price target for the company. Finally, Citigroup Inc. began coverage on Valvoline in a research report on Tuesday. They issued a buy rating and a $27.00 price target for the company. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $26.22.

Analyst Recommendations for Valvoline (NYSE:VVV)

Valvoline (NYSE:VVV) traded down 1.23% on Tuesday, reaching $22.50. 229,830 shares of the company’s stock traded hands. The company has a market cap of $4.50 billion and a PE ratio of 18.69. The firm’s 50 day moving average price is $23.24 and its 200 day moving average price is $23.24. Valvoline has a 12 month low of $22.40 and a 12 month high of $24.51.

In other Valvoline news, Director Stephen E. Macadam purchased 5,000 shares of the company’s stock in a transaction on Wednesday, September 28th. The stock was acquired at an average cost of $22.00 per share, for a total transaction of $110,000.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $110,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Samuel J. Mitchell purchased 25,000 shares of the company’s stock in a transaction on Wednesday, September 28th. The stock was acquired at an average price of $22.00 per share, with a total value of $550,000.00. Following the completion of the purchase, the chief executive officer now directly owns 25,000 shares in the company, valued at $550,000. The disclosure for this purchase can be found here.

5 Day Chart for NYSE:VVV

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