Alon USA Energy, Inc. (NYSE:ALJ) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Alon USA Energy, Inc.(NYSE:ALJ) to Hold in a report released on Friday August 19 2016.
On 7/13/2016, Barclays Capital released a statement on Alon USA Energy, Inc.(NYSE:ALJ) dropped the target price from $10.00 to $8.00 that suggested an upside of 0.22%.
Yesterday Alon USA Energy, Inc. (NYSE:ALJ) traded 0.35% higher at $7.28. Alon USA Energy, Inc.’s 50-day average is $7.51 and its two hundred day average is $8.43. The last stock price close is down 1.11% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was was down over the average, with 1,141,972 shares of ALJ changing hands under the typical 1,487,400 shares..
Alon USA Energy, Inc. has a 52 week low of $5.86 and a 52 week high of $19.84 and has a market cap of $0.0.
Also covering Alon USA Energy, Inc.’s price target, a total of 7 firms have released a ratings update on the company. The consensus target stock price is $10.43 with 0 rating the company a strong buy, 0 rating the stock a buy, eight firms rating the stock a hold, two firms rating the company to underperform, and finally 0 brokeragesrating the company as sell.
General Information About Alon USA Energy, Inc. (NYSE:ALJ)
Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company operates through three segments: refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum-based products. The Company holds interests in Alon USA Partners, LP, which owns a crude oil refinery in Big Spring, Texas. The Company’s refining and marketing segment includes sour crude oil refinery located in Big Spring, Texas, a light sweet crude oil refinery located in Krotz Springs, Louisiana and heavy crude oil refineries located in Paramount, Bakersfield and Long Beach, and California (California refineries). It owns or operates approximately 10 asphalt terminals. It operates approximately 310 owned and leased convenience store sites.
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