Alon USA Energy, Inc. (NYSE:ALJ) has been upgraded to Outperform in a statement by Credit Suisse Group AG earlier today.
- Updated: October 16, 2016
Credit Suisse Group AG has upgraded Alon USA Energy, Inc. (NYSE:ALJ) to Outperform in a statement released on Tuesday October 11, 2016.
Boasting a price of $8.74, Alon USA Energy, Inc. (NYSE:ALJ) traded -1.74% lower on the day. With the last stock price close up 4.22% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Alon USA Energy, Inc. has recorded a 50-day average of $8.30 and a two hundred day average of $8.11. Volume of trade was up over the average, with 2,787,141 shares of ALJ changing hands over the typical 1,352,510
With a total market value of $0, Alon USA Energy, Inc. has with a one year low of $5.86 and a one year high of $18.27 .
A total of 7 analysts have released a research note on ALJ. zero analysts rating the company a strong buy, zero analysts rating the company a buy, eight analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $10.43.
More 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, California (California refineries). It owns or operates approximately 10 asphalt terminals. It operates approximately 310 owned and leased convenience store sites.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.