In a report released on September 21, John Royall from J.P. Morgan maintained a Sell rating on Delek US Holdings (DK – Research Report), with a price target of $29.00. The company’s shares closed yesterday at $27.36.
According to TipRanks, Royall is a 3-star analyst with an average return of 4.2% and a 53.85% success rate. Royall covers the Utilities sector, focusing on stocks such as Valero Energy, CVR Energy, and HF Sinclair Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Delek US Holdings with a $35.70 average price target.
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DK market cap is currently $1.94B and has a P/E ratio of 5.68.
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Delek US Holdings, Inc. engages in the transportation, storage, and wholesale distribution of crude oil. It operates through the following segments: Refining, Logistics, Retail, and Corporate and Other. The Refining segment processes crude oil and other purchased feedstocks for the manufacture of transportation motor fuels, including gasoline, diesel fuel and aviation fuel, asphalt, and other petroleum-based products. The Logistics segment gathers, transports, and stores crude oil and markets, distributes, transports, and stores refined products. The Retail segment markets gasoline, diesel and other refined petroleum products, and convenience merchandise through a network of company-operated retail fuel and convenience stores. The company was founded in 2001 and is headquartered in Brentwood, TN.
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