Darling Ingredients Inc (NYSE:DAR) has been downgraded to Hold in a statement by TheStreet earlier today.
- Updated: October 7, 2016
TheStreet has downgraded Darling Ingredients Inc (NYSE:DAR) to Hold in a statement released on Thursday October 06, 2016.
Having a price of $13.33, Darling Ingredients Inc (NYSE:DAR) traded -2.98% lower on the day. With the last stock price down -6.89% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DAR has recorded a 50-day average of $13.67 and a two hundred day average of $14.32. Trade Volume was up over the average, with 2,345,551 shares of DAR changing hands over the typical 1,397,410
Recent Performance Chart
Darling Ingredients Inc has PE ratio of 20.26 with a one year low of $7.78 and a one year high of $15.93 and has a market capitalization of $0.
A total of 8 brokerages have released a report on Darling Ingredients Inc. Four brokerages rating the company a strong buy, three brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $17.44.
General Company Details For Darling Ingredients Inc (NYSE:DAR)
Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.
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