Darling Ingredients (DAR) : 3 analysts are covering Darling Ingredients (DAR) and their average rating on the stock is 1, which is read as a Strong Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.
Darling Ingredients (DAR) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $17 and the lowest price target forecast is $17. The average forecast of all the analysts is $16.83 and the expected standard deviation is $0.29.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm JP Morgan maintains its rating on Darling Ingredients (NYSE:DAR). As per the latest information, the brokerage house lowers the price target to $17 per share from a prior target of $18. The shares have been rated Overweight. The rating by the firm was issued on August 15, 2016.
Darling Ingredients (NYSE:DAR): The stock opened at $14.3 and touched an intraday high of $14.415 on Wednesday. During the day, the stock corrected to an intraday low of $14.22, however, the bulls stepped in and pushed the price higher to close in the green at $14.4 with a gain of 0.35% for the day. The total traded volume for the day was 982,353. The stock had closed at $14.35 in the previous trading session.
Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.