Analyst Rating Update on Delek US Holdings (DK)

Delek US Holdings (DK) : 11 analysts are covering Delek US Holdings (DK) and their average rating on the stock is 2.64, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Delek US Holdings (DK) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Delek US Holdings (DK) : The highest short term price target forecast on Delek US Holdings (DK) is $37 and the lowest target price is $9. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $17.64 with a standard deviation of $8.25.

For the current week, the company shares have a recommendation consensus of Buy.


Delek US Holdings (NYSE:DK): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.52 and $12.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.35, notching a gain of 6.63% for the day. The total traded volume was 1,284,554 . The stock had closed at $12.52 on the previous day.

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.

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