Piper Jaffray disclosed CVR Energy (NYSE:CVI), bumping down its stock price target to $9.00 earlier today
- Updated: September 17, 2016
Yesterday CVR Energy (NYSE:CVI) traded 4.09% higher at $13.17. CVR Energy’s 50-day average is $14.19 and its 200-day average is $19.31. The last stock price is down 18.32% from the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time. Trading volume was was up over the average, with 2,330,754 shares of CVI changing hands over the typical 1,084,500 shares..
CVR Energy (NYSE:CVI) had its target price fell to $9 by Piper Jaffray in a report issued 8/22/2016. The target price suggests a potential downside of -0.32% from the bussiness’ most recent closing price.
Previously on 4/12/2016, Simmons released a statement about CVR Energy(NYSE:CVI) lowered the target price from $20.00 to $17.00 that suggested a downside of -0.31%.
Recent Performance Graphic:
A total of 1 brokerage has reported on the company. Zero rate the stock a strong buy, 0 rate the company a buy, 0 firms rate the stock a hold, two firms rate the stock to underperform, and finally 0 firmsrate the company as sell with a one year target stock price of $20.00
With a market capitalization of $0.0, CVR Energy has a 52 week low of $13.01 and a one-year high of $48.37 with a price-earnings ratio of 55.
Brief Synopsis About CVR Energy (NYSE:CVI)
CVR Energy, Inc. (CVR Energy) is a holding company. The Company engages in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership). The Company’s Refining Partnership is an independent petroleum refiner and marketer of transportation fuels. Its Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of urea and ammonium nitrate (UAN) and ammonia. The petroleum business consists of a coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, and Oklahoma. The nitrogen fertilizer business consists of UAN and ammonia products.
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