Jefferies Group downgraded Core-Mark Holding Company, Inc. (NASDAQ:CORE) to Hold in a report released today.
- Updated: September 30, 2016
Jefferies Group has downgraded Core-Mark Holding Company, Inc. (NASDAQ:CORE) to Hold in a report released on 9/30/2016.
Just yesterday Core-Mark Holding Company, Inc. (NASDAQ:CORE) traded 0.57% higher at $36.85. Core-Mark Holding Company, Inc.’s 50-day moving average is $39.37 and its 200-day moving average is $42.53. The last closing price is down -13.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 225,046 shares of CORE traded hands, down from an average trading volume of 312,248
Recent Performance Chart
Core-Mark Holding Company, Inc. has 52 week low of $31.70 and a 52 week high of $50.00 with a PE ratio of 31.36 and has a market capitalization of $0.
In addition to Jefferies Group reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $94.80 with 4 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Core-Mark Holding Company, Inc. (NASDAQ:CORE)
Core-Mark Holding Company, Inc. is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services to over 36,500 customer locations across the United States and Canada through over 30 distribution centers. The Company's segments include the United States, Canada and Corporate. The Company's primary customer base consists of traditional convenience stores, as well as alternative outlets selling consumer packaged goods. The Company's product categories include cigarettes; food; candy; other tobacco products; health, beauty and general; beverages, and equipment/other. The Company's food products include fast food, candy, snacks, groceries, beverages and fresh products, such as sandwiches, juices, salads, produce, dairy and bread. The Company's non-food products include cigars, tobacco, health and beauty care products, general merchandise and equipment.
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