Scotiabank has revised its outlook for Delek US (DK, Financial), cutting the stock's price target from $24 to $14. Despite this adjustment, the financial institution maintains a Sector Perform rating on Delek US shares.
This update comes as part of Scotiabank's broader reassessment of the U.S. Integrated Oil, Refining, and Large Cap E&P sector. The decision reflects the firm's latest analysis and strategic considerations within this industry segment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Delek US Holdings Inc (DK, Financial) is $16.84 with a high estimate of $23.00 and a low estimate of $13.00. The average target implies an upside of 39.41% from the current price of $12.08. More detailed estimate data can be found on the Delek US Holdings Inc (DK) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Delek US Holdings Inc's (DK, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Delek US Holdings Inc (DK, Financial) in one year is $17.09, suggesting a upside of 41.47% from the current price of $12.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Delek US Holdings Inc (DK) Summary page.
