Caltex Australia Limited Stock Rating Reaffirmed by Deutsche Bank (CTX)
Shares of Caltex Australia Limited (ASX:CTX) traded down 0.57% during mid-day trading on Thursday, hitting A$24.430. 661,954 shares of the company’s stock traded hands. Caltex Australia Limited has a 1-year low of A$16.800 and a 1-year high of A$24.910. The stock has a 50-day moving average of A$23.03 and a 200-day moving average of A$21.76. The company has a market cap of A$6.596 billion and a P/E ratio of 12.52.
A number of other firms have also recently commented on CTX. Analysts at Morningstar cut their EPS estimates on shares of Caltex Australia Limited in a research note on Friday. They now have a “fair value” rating and a $17.00 price target on the stock. They previously had a “reduce” rating on the stock.
Caltex Australia Limited is an Australia-based company. The Company is engaged in the purchase, refining, distribution and marketing of petroleum products, and the operation of convenience stores throughout Australia.
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