Dakota Plains Holdings PT Lowered to $2.85 (DAKP)
Equities research analysts at Northland Securities lowered their target price on shares of Dakota Plains Holdings (NASDAQ:DAKP) from $3.50 to $2.85 in a research note issued to investors on Tuesday. The firm currently has an “outperform” rating on the stock. Northland Securities’ target price suggests a potential upside of 27.23% from the company’s current price.
Separately, analysts at Canaccord Genuity initiated coverage on shares of Dakota Plains Holdings in a research note on Thursday, June 26th. They set a “hold” rating and a $2.75 price target on the stock.
Shares of Dakota Plains Holdings (NASDAQ:DAKP) opened at 2.255 on Tuesday. Dakota Plains Holdings has a 52 week low of $1.30 and a 52 week high of $2.95. The stock’s 50-day moving average is $2.51 and its 200-day moving average is $2.15. The company’s market cap is $121.2 million.
Dakota Plains Holdings (NASDAQ:DAKP) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.05. On average, analysts predict that Dakota Plains Holdings will post $0.10 earnings per share for the current fiscal year.
Dakota Plains Holdings, Inc (NASDAQ:DAKP), formerly MCT Holding Corporation, is engaged in developing and owning transloading facilities, marketing and transporting of crude oil and related products from and into the Williston Basin oil fields of North Dakota.
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.