Mizuho Securities analyst Paul Sankey maintained a Buy rating on Delek US Holdings (DK) yesterday and set a price target of $60. The company’s shares opened today at $37.10.
According to TipRanks.com, Sankey is a 1-star analyst with an average return of -3.4% and a 45.7% success rate. Sankey covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Continental Resources, and Occidental Petroleum.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Delek US Holdings with a $44.63 average price target, which is a 20.3% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $51 price target.
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Delek US Holdings’ market cap is currently $2.89B and has a P/E ratio of 9.40. The company has a Price to Book ratio of 1.75.
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Delek US Holdings, Inc. is a diversified downstream energy company, which focuses on petroleum refining, the transportation, storage and wholesale distribution of crude oil, intermediate and refined products and convenience store retailing. It operates through following segments: Refining, Logistics and Retail.
