Piper Jaffray announced Delek US Holdings (NYSE:DK), boosting its stock price target to $13.00 today
- Updated: September 17, 2016
Delek US Holdings (NYSE:DK) had its target price increased to $13 by Piper Jaffray in an issued report announced Monday August 22 2016. The updated target price suggests a potential downside of -0.21% from the bussiness’ last stock close price.
Previously on 8/05/2016, Barclays Capital reported about Delek US Holdings(NYSE:DK) bumped the target price from $15.00 to $16.00 that indicated a possible upside of 0.13%.
Having a price of $16.55, Delek US Holdings (NYSE:DK) traded 0.55% higher on the day. The last stock close is up 24.60% from the 200-day moving average, compared with the S&P 500 which has fallen -0.01% over the same time. Delek US Holdings has recorded a 50-day moving average of $15.76 and 200-day average of $14.64. 2,519,982 shares of Delek US Holdings exchanged hands, up from ann avg. volume of 1,238,270
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With a market cap of $0.0, Delek US Holdings has a P/E of 0 with a one-year low of $11.41 and a one-year high of $30.84.
A total of 14 equity analysts have released a report on DK. Four analysts rate the company a strong buy, seven analysts rate the stock a buy, five analyts rate the company a hold, 0 rate the company to underperform, and lastly 0 firmsrate the stock as sell with a 12-month target of $23.50
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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