CST Brands PT Raised to $37.00 at Mizuho (CST)
Analysts at Mizuho boosted their target price on shares of CST Brands (NYSE:CST) from $34.00 to $37.00 in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Mizuho’s target price would indicate a potential upside of 2.27% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of CST Brands from an “underperform” rating to a “neutral” rating in a research note on Friday. They now have a $35.00 price target on the stock, up previously from $29.00. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of CST Brands from $29.00 to $28.00 in a research note on Tuesday. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CST Brands in a research note on Wednesday, June 18th. They now have a $38.00 price target on the stock, up previously from $34.00. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $34.50.
CST Brands (NYSE:CST) traded down 0.43% on Friday, hitting $36.025. 358,973 shares of the company’s stock traded hands. CST Brands has a 1-year low of $28.91 and a 1-year high of $38.66. The stock’s 50-day moving average is $33.78 and its 200-day moving average is $32.25. The company has a market cap of $2.724 billion and a price-to-earnings ratio of 21.54.
CST Brands (NYSE:CST) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.19 by $0.05. The company had revenue of $3.00 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter last year, the company posted $0.30 earnings per share. CST Brands’s revenue was down 5.9% compared to the same quarter last year. Analysts expect that CST Brands will post $1.70 EPS for the current fiscal year.
CST Brands, Inc is a retailer of transportation fuels and convenience goods in North America. As of April 30, 2013, the Company operated 1,032 Corner Stores throughout the United States, including Texas, Louisiana, Arkansas, Oklahoma, New Mexico, Colorado, Wyoming, Arizona and California.
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