CVR Energy (NYSE:CVI) target price raised to $10.00, reported earlier today by Piper Jaffray
- Updated: September 16, 2016
Only yesterday CVR Energy (NYSE:CVI) traded 0.82% higher at $15.23. The company’s 50-day average is $14.24 and its 200-day moving average is $19.24. With the last stock price down 20.62% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. 433,933 shares of CVR Energy traded, down from ann average trading volume of 1,089,430.
Piper Jaffray raised the price target of CVR Energy (NYSE:CVI) to $10, stating a possible downside of -0.34%,
Previously on 9/9/2016, Goldman Sachs reported on CVR Energy(NYSE:CVI) upped the target price from $13.00 to $15.00. At the time, this suggested an upside of 0.02%.
Recent Performance Graph:
In addition to Piper Jaffray reporting it’s stock price target, a total of 1 analysts has released a research note on the stock. The 12-month target is $20.00 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, two analysts rating the company to underperform, and lastly 0 firms rating the company as sell.
With a market capitalization of $0.0, CVR Energy has a price-earnings of 54 with a one-year low of $13.01 and a 52 week high of $48.37.
About CVR Energy (NYSE:CVI)
CVR Energy, Inc. (CVR Energy) is a holding company. The Company engages in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership). The Company’s Refining Partnership is an independent petroleum refiner and marketer of transportation fuels. Its Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of urea and ammonium nitrate (UAN) and ammonia. The petroleum business consists of a coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, and Oklahoma. The nitrogen fertilizer business consists of UAN and ammonia products.
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