Northern Tier Energy LP (NYSE:NTI): 5 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $26.4 in Northern Tier Energy LP (NYSE:NTI). However, the stock price could fluctuate by $ 2.88 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $30 price target with the lower price estimate is calculated at $23
Many analysts have stated their opinion on the company shares. JP Morgan maintains their rating on the shares of Northern Tier Energy LP (NYSE:NTI). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $13 per share from $14 per share. The rating by the firm was issued on June 10, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Davis Karen Berriman, officer (Exec VP, CFO) of Northern Tier Energy Lp, had unloaded 1,693 shares at an average price of $24.33 in a transaction dated on January 20, 2016. The total value of the transaction was worth $41,191.
Northern Tier Energy LP (NYSE:NTI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.37 points or 1.75% at $20.74 with 843,606 shares getting traded. Post opening the session at $21, the shares hit an intraday low of $20.62 and an intraday high of $21.03 and the price was in this range throughout the day. The company has a market cap of $1,930 million and the number of outstanding shares have been calculated to be 93,058,480 shares. The 52-week high of Northern Tier Energy LP (NYSE:NTI) is $29.03 and the 52-week low is $20.62.
Northern Tier Energy LP (Northern Tier) is a downstream energy limited partnership. The Company has refining, retail and logistics operations that serve the Petroleum Administration for Defense District II (PADD II) region of the United States. Its segments include the refining business and the retail business. The Companys refining segment consists of a 97,800 barrels per stream day (bpsd) refinery located in St. Paul Park, Minnesota. Its refineries process a variety of light, heavy, sweet and sour crudes into refined products. It is one of the two refineries in Minnesota and one of four refineries in the Upper Great Plains area within the PADD II region. The Companys retail segment operated 165 convenience stores under the SuperAmerica brand and also supported 89 franchised convenience stores, which are also operated under the SuperAmerica brand. These convenience stores are located throughout Minnesota, Wisconsin and South Dakota.