Delek US Holdings (NYSE:DK) target price raised to $14.00, reported today by Piper Jaffray
- Updated: September 16, 2016
Displaying a price of $18.00, Delek US Holdings (NYSE:DK) traded 1.21% lower on the day. With the last close up 22.02% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. Delek US Holdings has logged a 50-day average of $16.10 and two hundred day moving average of $14.69. Volume of trade was was down over the average, with 786,657 shares of DK changing hands under the typical 1,233,520 shares.
Stating a possible downside of -0.22%, Piper Jaffray upped the estimated target of Delek US Holdings (NYSE:DK) to $14
On 9/15/2016, Raymond James released a statement for Delek US Holdings(NYSE:DK) bumped the target price from $20.00 to $21.00 that indicated a possible upside of 0.18%.
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Also covering Delek US Holdings’s target price, a total of 14 brokerages have released a report on the stock. The average target stock price is $23.50 with four firms rating the company a strong buy, seven analysts rating the company a buy, five firms rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the company as sell.
Delek US Holdings has a one-year low of $11.41 and a 52 week high of $30.74. Delek US Holdings’s total market value is presently $0.0.
General Company Details For Delek US Holdings (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, and Tennessee and Virginia.
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