Zacks Investment Research upgraded Darling Ingredients Inc (NYSE:DAR) to Hold in a report released today.
- Updated: October 17, 2016
Yesterday Darling Ingredients Inc (NYSE:DAR) traded 0.08% higher at $13.33. The company’s 50-day moving average is $13.55 and its 200-day moving average is $14.36. The last closing price is down -7.17% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 954,394 shares of the stock traded hands, down from an average trading volume of 1,394,200
Zacks Investment Research has upgraded Darling Ingredients Inc (NYSE:DAR) to Hold in a report released on 10/17/2016.
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Darling Ingredients Inc has a 52 week low of $7.78 and a 52 week high of $15.93 with a P/E ratio of 20.26 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $17.44 with 4 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Darling Ingredients Inc (NYSE:DAR)
Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.
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