Darling International Now Covered by Goldman Sachs Group Inc. (DAR)
Stock analysts at Goldman Sachs Group Inc. started coverage on shares of Darling International (NYSE:DAR) in a report issued on Monday, Analyst Ratings Net reports. The firm set a “buy” rating and a $25.00 price target on the stock. Goldman Sachs Group Inc.’s target price points to a potential upside of 21.65% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of Darling International from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, December 31st. They now have a $19.80 price target on the stock. Separately, analysts at UBS AG initiated coverage on shares of Darling International in a research note to investors on Monday, December 30th. They set a “reduce” rating and a $25.00 price target on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Darling International in a research note to investors on Monday, December 23rd. They set an “outperform” rating and a $25.00 price target on the stock. Two analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $23.30.
Shares of Darling International (NYSE:DAR) traded down 0.39% during mid-day trading on Monday, hitting $20.55. The stock had a trading volume of 1,646,740 shares. Darling International has a 52 week low of $16.11 and a 52 week high of $23.95. The stock’s 50-day moving average is $20.60 and its 200-day moving average is $20.81. The company has a market cap of $3.251 billion and a P/E ratio of 26.55.
Darling International (NYSE:DAR) last released its earnings data on Thursday, November 7th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.02. The company had revenue of $425.80 million for the quarter, compared to the consensus estimate of $436.22 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was down 5.9% on a year-over-year basis. Analysts expect that Darling International will post $1.03 EPS for the current fiscal year.
Darling International Inc (NYSE:DAR) is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions.
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