CST Brands Given Average Recommendation of “Hold” by Brokerages (NYSE:CST)
Shares of CST Brands (NYSE:CST) have been given a consensus rating of “Hold” by the nine ratings firms that are currently covering the stock, AR Network reports. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $34.50.
CST Brands (NYSE:CST) opened at 35.20 on Friday. CST Brands has a 52-week low of $28.91 and a 52-week high of $38.66. The stock has a 50-day moving average of $34.00 and a 200-day moving average of $32.55. The company has a market cap of $2.662 billion and a P/E ratio of 22.27.
CST Brands (NYSE:CST) last released its earnings data on Tuesday, August 12th. The company reported $0.43 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.49 by $0.06. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. Analysts expect that CST Brands will post $1.59 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Mizuho raised their price target on shares of CST Brands from $34.00 to $37.00 in a research note on Friday, August 8th. They now have a “neutral” rating on the stock. Separately, analysts at Credit Suisse upgraded shares of CST Brands from an “underperform” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $35.00 price target on the stock, up previously from $29.00. Finally, 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, August 5th. They now have a “neutral” rating on the stock.
In other CST Brands news, Director William G. Moll bought 1,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average price of $34.89 per share, for a total transaction of $34,890.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
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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