Zacks Investment Research announced Calumet Specialty Products Partners, L.P (NASDAQ:CLMT), hiking its price target to $4.25 today
- Updated: October 14, 2016
Zacks Investment Research upped the price target of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) to $4.25 reporting a possible upside of 0.10%.
Displaying a price of $3.88, Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) traded -2.76% lower on the day. With the last stock price down -28.75% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $5.12 and a 200-day moving average of $5.45. 378,468 shares of CLMT traded, down from an average trading volume of 465,891
See Chart Below
Calumet Specialty Products Partners, L.P has with a one year low of $3.42 and a one year high of $27.88 and has a total market value of $0.
Also covering Calumet Specialty Products Partners, L.P's price target, a total of 9 firms have reported on the stock. The consensus target is $10.56 with four brokers rating the stock a strong buy, 2 firms rating the stock a buy, 5 brokerages rating the stock a hold, two equity analysts rating the company a underperform, and lastly zero firms rating the stock a sell.
About Calumet Specialty Products Partners, L.P (NASDAQ:CLMT)
Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products. The Company operates through three segments. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes. Its specialty products are sold to domestic and international customers using its products as raw material components. It also blends and market specialty products through its Royal Purple, Bel-Ray, TruFuel and Quantum brands. In its fuel products segment, the Company processes crude oil into a range of fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt and heavy fuel oils, and resells purchased crude oil to third-party customers. Its oilfield services segment manufactures and markets products and provides oilfield services, including drilling fluids, completion fluids and solids control services to the oil and gas exploration industry.
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.