Credit Suisse Group AG downgraded Delek US Holdings, Inc. (NYSE:DK) to Neutral in a statement released earlier today.
- Updated: October 16, 2016
Having a price of $17.84, Delek US Holdings, Inc. (NYSE:DK) traded 5.48% higher on the day. With the last close up 15.74% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DK has recorded a 50-day average of $17.47 and a two hundred day average of $14.96. Trade Volume was up over the average, with 1,818,644 shares of DK changing hands over the typical 1,139,960
Credit Suisse Group AG has downgraded Delek US Holdings, Inc. (NYSE:DK) to Neutral in a statement released on Tuesday October 11, 2016.
Recent Performance Chart
Delek US Holdings, Inc. has with a one year low of $11.41 and a one year high of $29.90 and has a total market value of $0.
In addition to Credit Suisse Group AG reporting its target price, a total of 14 firms have issued a report on the stock. The consensus target price is $23.50 with 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 5 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Delek US Holdings, Inc. (NYSE:DK)
Delek US Holdings, Inc. is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd). The Logistics Segment gathers, transports and stores crude oil and markets, distributes, transports and stores refined products in select regions of the southeastern United States and west Texas for both its refining segment and third parties. Its Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise through a network of over 360 Company-operated retail fuel and convenience stores located in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Tennessee and Virginia.
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