Core-Mark Holding Company (NASDAQ:CORE) has been downgraded from Buy to Hold in a statement by Jefferies & Co earlier today.
- Updated: September 30, 2016
Having a price of $36.85, Core-Mark Holding Company (NASDAQ:CORE) traded 0.57% higher on the day. With the last stock price down -13.35% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Core-Mark Holding Company has recorded a 50-day average of $39.37 and a two hundred day average of $42.53. Volume of trade was down over the average, with 225,046 shares of CORE changing hands under the typical 312,248
Jefferies & Co has downgraded Core-Mark Holding Company (NASDAQ:CORE) from Buy to Hold in a report released on Friday September 30, 2016.
Recent Performance Chart
Core-Mark Holding Company has 52 week low of $31.70 and a 52 week high of $50.00 with a price-earnings ratio of 31.36 and has a total market value of $0.
A total of 5 brokers have issued a research note on the stock. 4 firms rating the stock a strong buy, one equity analyst rating the company a buy, 0 brokerages rating the company a hold, zero analysts rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $94.80.
About Core-Mark Holding Company (NASDAQ:CORE)
Core-Mark Holding Company, Inc. is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services to over 36,500 customer locations across the United States and Canada through over 30 distribution centers. The Company's segments include the United States, Canada and Corporate. The Company's primary customer base consists of traditional convenience stores, as well as alternative outlets selling consumer packaged goods. The Company's product categories include cigarettes; food; candy; other tobacco products; health, beauty and general; beverages, and equipment/other. The Company's food products include fast food, candy, snacks, groceries, beverages and fresh products, such as sandwiches, juices, salads, produce, dairy and bread. The Company's non-food products include cigars, tobacco, health and beauty care products, general merchandise and equipment.
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