Delek US Holdings (NYSE:DK) 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 1.82 by 11 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Credit Suisse maintains the rating on Delek US Holdings (NYSE:DK). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency lowers the price target from $28 per share to $22 per share. The rating by the firm was issued on April 11, 2016.
Delek US Holdings (NYSE:DK): According to 10 Analysts, The short term target price has been estimated at $ 22.6.The target price could deviate by a maximum of $8.54 from the forecast price. In the near term, the target price could hit a high of $37 and a low of $ 11.
Delek US Holdings (NYSE:DK) rose 2.17% or 0.27 points on Tuesday and made its way into the gainers of the day. After trading began at $12.57 the stock was seen hitting $12.85 as a peak level and $12.01 as the lowest level. The stock ended up at $12.69. The daily volume was measured at 925,804 shares. The 52-week high of the share price is $40.47 and the 52-week low is $11.85. The company has a market cap of $784 million.
Shares of Delek US Holdings, Inc. appreciated by 3.76% during the last five trading days but lost 5.93% on a 4-week basis. Delek US Holdings, Inc. has dropped 21.79% during the last 3-month period . Year-to-Date the stock performance stands at -47.31%.
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.