Delek Logistics Partners LP (NYSE:DKL) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Boasting a price of $27.27, Delek Logistics Partners LP (NYSE:DKL) traded -2.90% lower on the day. With the last stock price close down -5.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Delek Logistics Partners LP has recorded a 50-day average of $27.69 and a two hundred day average of $27.95. Volume of trade was down over the average, with 66,655 shares of DKL changing hands under the typical 70,143
Zacks Investment Research has downgraded Delek Logistics Partners LP (NYSE:DKL) to Hold in a statement released on 10/05/2016.
On Tuesday October 04, 2016, Zacks Investment Research released a statement for Delek Logistics Partners LP (NYSE:DKL) bumped up the target price from $0.00 to $31.00 that suggested an upside of 0.12%.
Recent Performance Chart
Delek Logistics Partners LP has PE ratio of 10.75 with a one year low of $21.84 and a one year high of $38.00 and has a market capitalization of $0.
A total of 6 analysts have released a research note on DKL. Two analysts rating the company a strong buy, one analyst rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $33.67.
More About Delek Logistics Partners LP (NYSE:DKL)
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products. The Company's business primarily consists of certain crude oil, intermediate and refined products pipelines and transportation, storage, wholesale marketing, terminaling and offloading assets, which were previously owned, operated or held by Delek US Holdings, Inc. (Delek), and assets acquired from unrelated third parties. The Company operates through two segments: Pipelines and Transportation segment, and Wholesale Marketing and Terminalling segment. The Company engaged in the gathering, transporting and storing crude oil; storing intermediate products and feed stocks, and marketing, distributing, transporting and storing refined products. The Company also provides crude oil, intermediate and refined products transportation services for terminaling, and marketing services to third parties primarily in Texas, Tennessee and Arkansas.
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.