Delek Logistics Partners LP Stock Rating Lowered by Barclays (DKL)
Delek Logistics Partners LP (NYSE:DKL) was downgraded by equities research analysts at Barclays to an “equal weight” rating in a research note issued to investors on Tuesday, Analyst Ratings Network reports.
Shares of Delek Logistics Partners LP (NYSE:DKL) opened at 32.75 on Tuesday. Delek Logistics Partners LP has a one year low of $24.20 and a one year high of $35.96. The stock has a 50-day moving average of $32.29 and a 200-day moving average of $31.07. The company has a market cap of $787.2 million and a price-to-earnings ratio of 18.16.
Delek Logistics Partners LP (NYSE:DKL) last released its earnings data on Wednesday, November 6th. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.01. The company had revenue of $243.30 million for the quarter, compared to the consensus estimate of $273.98 million. On average, analysts predict that Delek Logistics Partners LP will post $1.95 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet initiated coverage on shares of Delek Logistics Partners LP in a research note to investors on Thursday, December 5th. They set a “sell” rating on the stock. Analysts at Howard Weil initiated coverage on shares of Delek Logistics Partners LP in a research note to investors on Monday, December 2nd. They set an “outperform” rating and a $36.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Delek Logistics Partners LP has an average rating of “Hold” and an average price target of $35.18.
Delek Logistics Partners, LP is formed to own, operate, acquire and construct crude oil and refined products logistics and marketing assets.
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