Calumet Specialty Products Partners, L.P Receives Average Rating of “Hold” from Brokerages (NASDAQ:CLMT)
Shares of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) have been given a consensus rating of “Hold” by the eleven analysts that are covering the company, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $31.88.
A number of analysts have recently weighed in on CLMT shares. Analysts at Zacks downgraded shares of Calumet Specialty Products Partners, L.P from a “neutral” rating to an “underperform” rating in a research note on Thursday. They now have a $26.90 price target on the stock. Analysts at Howard Weil raised their price target on shares of Calumet Specialty Products Partners, L.P from $33.00 to $35.00 in a research note on Tuesday, June 17th. They now have a “sector outperform” rating on the stock.
Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) traded down 0.74% during mid-day trading on Friday, hitting $28.02. 70,101 shares of the company’s stock traded hands. Calumet Specialty Products Partners, L.P has a 1-year low of $24.23 and a 1-year high of $33.30. The stock’s 50-day moving average is $30.7 and its 200-day moving average is $29.31. The company’s market cap is $1.942 billion.
Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.72.
Calumet Specialty Products Partners, L.P., is a producer of specialty hydrocarbon products in North America.
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