Raymond James Issues a Buy Rating on Delek US Holdings (DK)


In a report issued on August 4, Justin Jenkins from Raymond James assigned a Buy rating to Delek US Holdings (DK), with a price target of $20.00. The company’s shares closed last Tuesday at $16.85.

According to TipRanks.com, Jenkins is a 3-star analyst with an average return of 1.3% and a 56.9% success rate. Jenkins covers the Industrial Goods sector, focusing on stocks such as Holly Energy Partners, Phillips 66 Partners, and Plains All American.

Delek US Holdings has an analyst consensus of Hold, with a price target consensus of $18.92.

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The company has a one-year high of $40.90 and a one-year low of $7.79. Currently, Delek US Holdings has an average volume of 1.43M.

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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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