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What Are Wall Street’s Targets for DK, PBF, RDS.A, and CVE?

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Dec. 4 2020, Updated 10:53 a.m. ET

Wall Street analyst recommendations

To conclude our series on the biggest movers in the refining and marketing and integrated energy sectors, we’ll now look at the Wall Street recommendations for the leading gainers and decliners this week, which we have been discussing in this series.

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Recommendations for Delek US Holdings

As of November 29, 2017, Reuters reported 14 analysts have recommendations on Delek US Holdings (DK). Of these, four analysts have “strong buy” recommendations, five analysts have “buy” recommendations, while five analysts have “hold” recommendations on DK. There aren’t any “sell” or “strong sell” ratings on the stock. The median price target for DK is $31.50, which is ~3% lower than the November 29, 2017, closing price of $32.40.

Recommendations for PBF Energy

As of November 29, 2017, Reuters reported 17 analysts having recommendations on PBF Energy (PBF). Of these, three analysts have “strong buy” recommendations, while three analysts have “buy” recommendations on PBF. There are nine “hold” recommendations and two “sell” recommendations on PBF. There are no “strong sell” ratings on the stock. The median price target for PBF is $30.50, which is ~4% lower than the November 29, 2017, closing price of $31.70.

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Recommendations for Royal Dutch Shell

Currently, ~82% of Wall Street analysts rate Royal Dutch Shell (RDS.A) a “strong buy” or “buy,” and ~18% rate it a “hold.” There are no “sell” or “strong sell” ratings on the stock. The median price target for RDS.A is $68.85, which is ~8% higher than the November 29, 2017, closing price of $63.69.

Recommendations for Cenovus Energy

Currently, ~50% of Wall Street analysts rate Cenovus Energy (CVE) a “strong buy” or “buy,” and ~43% rate it a “hold.” Around 7% of analysts have “sell,” or “strong sell” ratings on the stock. The median price target for CVE is $14.25, which is ~54% higher than the November 29, 2017, closing price of $9.20.

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