In a report released today, Justin Jenkins from Raymond James maintained a Buy rating on Delek US Holdings (NYSE: DK), with a price target of $60. The company’s shares closed on Friday at $43.94.
According to TipRanks.com, Jenkins is a top 100 analyst with an average return of 16.4% and a 80.6% success rate. Jenkins covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Andeavor Logistics LP, and Hollyfrontier Corp.
Delek US Holdings has an analyst consensus of Strong Buy, with a price target consensus of $60.
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Delek US Holdings’ market cap is currently $3.69B and has a P/E ratio of 10.24. The company has a Price to Book ratio of 2.30.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock.
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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.
