Share on StockTwits

Shares of Delek Logistics Partners (NYSE:DKL) have earned a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the stock, AR Network reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $39.40.

Shares of Delek Logistics Partners (NYSE:DKL) traded up 1.33% on Tuesday, hitting $42.65. 13,245 shares of the company’s stock traded hands. Delek Logistics Partners has a 52-week low of $29.00 and a 52-week high of $45.00. The stock has a 50-day moving average of $35.97 and a 200-day moving average of $34.30. The company has a market cap of $1.031 billion and a price-to-earnings ratio of 17.31.

Delek Logistics Partners (NYSE:DKL) last released its earnings data on Tuesday, August 5th. The company reported $0.87 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.27. Analysts expect that Delek Logistics Partners will post $2.86 EPS for the current fiscal year.

DKL has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Delek Logistics Partners from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $46.00 price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Delek Logistics Partners in a research note on Thursday, August 21st. They now have a $39.00 price target on the stock, down previously from $45.00. Finally, analysts at Wells Fargo & Co. upgraded shares of Delek Logistics Partners from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 20th.

Delek Logistics Partners, LP is formed to own, operate, acquire and construct crude oil and refined products logistics and marketing assets.

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.