Darling Ingredients (NYSE:DAR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Major Brokerage house, JP Morgan upgrades its ratings on Darling Ingredients (NYSE:DAR). In the latest research report, JP Morgan raises the target price from $14 per share to $18 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 26, 2016.
Darling Ingredients (NYSE:DAR): The mean short term price target for Darling Ingredients (NYSE:DAR) has been established at $16.5 per share. The higher price target estimate is at $18 and the lower price target estimate is expected at $14 according to 5 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.5
Darling Ingredients (NYSE:DAR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.85% or 0.28 points. After the session commenced at $15.16, the stock reached the higher end at $15.2 while it hit a low of $14.68. With the volume soaring to 1,818,718 shares, the last trade was called at $14.84. The company has a 52-week high of $15.93. The company has a market cap of $2,442 million and there are 164,567,470 shares in outstanding. The 52-week low of the share price is $7.78.
Darling Ingredients Inc. has lost 0.6% in the last five trading days and dropped 0.47% in the last 4 weeks. Darling Ingredients Inc. is up 19.39% in the last 3-month period. Year-to-Date the stock performance stands at 41.06%.
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.