Delek US Holdings (NYSE:DK): The mean estimate for the short term price target for Delek US Holdings (NYSE:DK) stands at $23.6 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $37 while the lower price target estimate is at $10.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Credit Suisse, maintains their rating on the shares of Delek US Holdings (NYSE:DK). Credit Suisse has a Outperform rating on the shares. As per the latest research report, the brokerage house lowers the price target to $22 per share from a prior target of $28. The rating by the firm was issued on April 11, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Finnerty William J, director of Delek Us Holdings, Inc. had purchased 1,000 shares on November 11, 2015 in a transaction. The price per share was $26.2 and the total amount of the disclosed transaction was $26,200.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Delek US Holdings (NYSE:DK) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.67 points or 5% at $12.72 with 1,624,307 shares getting traded. Post opening the session at $13.32, the shares hit an intraday low of $12.69 and an intraday high of $13.34 and the price was in this range throughout the day. The company has a market cap of $786 million and the number of outstanding shares have been calculated to be 61,803,697 shares. The 52-week high of Delek US Holdings (NYSE:DK) is $40.47 and the 52-week low is $12.54.
Delek US Holdings, Inc. (Delek) is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil and intermediate and refined products and convenience store retailing. The Company operates through three operating segments: Refining, Logistics and Retail. The Companys Refining Segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery) with a combined design crude distillation capacity of 140,000 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. The Companys Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise.