Alon USA Energy (NYSE:ALJ) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 3.57 by 7 Brokerage Firm. 5 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. JP Morgan maintains its view on Alon USA Energy (NYSE:ALJ) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. JP Morgan lowers the price target from $8 per share to $7 per share on Alon USA Energy . The rating by the firm was issued on June 10, 2016.
Alon USA Energy (NYSE:ALJ): 6 analysts have set the short term price target of Alon USA Energy (NYSE:ALJ) at $9.83. The standard deviation of short term price target has been estimated at $5.34, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 20 and $5 respectively.
Alon USA Energy (NYSE:ALJ) rose 3.94% or 0.25 points on Tuesday and made its way into the gainers of the day. After trading began at $6.38 the stock was seen hitting $6.61 as a peak level and $6.235 as the lowest level. The stock ended up at $6.6. The daily volume was measured at 1,376,823 shares. The 52-week high of the share price is $23.29 and the 52-week low is $6.21. The company has a market cap of $470 million.
Shares of Alon USA Energy, Inc. appreciated by 0.46% during the last five trading days but lost 18.32% on a 4-week basis. Alon USA Energy, Inc. has dropped 40.51% during the last 3-month period . Year-to-Date the stock performance stands at -54.03%.
Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Companys crude oil refineries are located in Texas, Louisiana and California and have a combined crude oil throughput capacity of approximately 217,000 barrels per day (bpd). The Company has three operating segments: refining and marketing, asphalt and retail. Its refineries produce petroleum products including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum-based products. The Companys refining and marketing segment includes sour crude oil refinery located in Big Spring, Texas, a light sweet crude oil refinery located in Krotz Springs, Louisiana and heavy crude oil refineries located in Paramount, Bakersfield and Long Beach, California. The Company owns or operates approximately 10 asphalt terminals.