Share on StockTwits
 

Shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) have received an average recommendation of “Hold” from the ten analysts that are presently covering the company, American Banking News.com reports. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $31.47.

A number of research firms have recently commented on CLMT. Analysts at RBC Capital cut their price target on shares of Calumet Specialty Products Partners, L.P from $30.00 to $29.00 in a research note on Thursday, February 20th. Separately, analysts at Zacks upgraded shares of Calumet Specialty Products Partners, L.P from an “underperform” rating to a “neutral” rating in a research note on Thursday, January 9th. They now have a $29.70 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Calumet Specialty Products Partners, L.P in a research note on Thursday, December 19th. They set a “neutral” rating and a $27.00 price target on the stock.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) traded down 2.71% during mid-day trading on Wednesday, hitting $25.47. 226,272 shares of the company’s stock traded hands. Calumet Specialty Products Partners, L.P has a one year low of $24.84 and a one year high of $40.25. The stock has a 50-day moving average of $28.70 and a 200-day moving average of $28.58. The company’s market cap is $1.774 billion.

Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last announced its earnings results on Wednesday, February 19th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.12. On average, analysts predict that Calumet Specialty Products Partners, L.P will post $1.50 earnings per share for the current fiscal year.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) is a producer of specialty hydrocarbon products in North America.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.