Northern Tier Energy (NYSE:NTi)‘s stock had its “hold” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports. They currently have a $21.00 price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 9.83% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital cut their price target on shares of Northern Tier Energy (NYSE:NTI) from $26.00 to $22.00 in a research note to investors on Tuesday. They now have an “equal weight” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Northern Tier Energy (NYSE:NTI) to $28.00 in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Finally, analysts at Zacks upgraded shares of Northern Tier Energy (NYSE:NTI) from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. They now have a $19.80 price target on the stock.
Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $25.87.
Northern Tier Energy (NYSE:NTI) traded up 3.30% during mid-day trading on Tuesday, hitting $19.12. The stock had a trading volume of 2,209,655 shares. Northern Tier Energy has a 1-year low of $17.83 and a 1-year high of $33.24. The stock has a 50-day moving average of $21.22 and a 200-day moving average of $24.81. The company has a market cap of $1.761 billion and a P/E ratio of 6.60.
Northern Tier Energy (NYSE:NTi) last released its earnings data on Monday, August 12th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.12. The company had revenue of $1.13 million for the quarter, compared to the consensus estimate of $757.90 million. Analysts expect that Northern Tier Energy will post $2.92 EPS for the current fiscal year.
Northern Tier Energy LP, formerly Northern Tier Energy, Inc, is an independent downstream energy company with refining, retail, and pipeline operations that serves the PADD II region of the United States.
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