NASDAQ:CLMT - Calumet Specialty Products Partners Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $8.00
Forecasted Upside: 42.35 %
Number of Analysts: 1
Breakdown:
0 Sell Ratings
0 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

^$5.62 As of 05/14/2021 01:00 AM ET

▲ +0.12 (2.18%)

1 month | 3 months | 12 months

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Analyst Price Target for CLMT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$8.00

▲ +42.35% Upside Potential

This price target is based on 1 analysts offering 12 month price targets for Calumet Specialty Products Partners in the last 3 months. The average price target is $8.00, with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a 42.35% upside from the last price of $5.62.

Buy

The current consensus among 1 contributing investment analysts is to buy stock in Calumet Specialty Products Partners. This rating has held steady since January 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

11/23/2019

0 strong buy ratings
0 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

2/21/2020

0 strong buy ratings
0 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/21/2020

0 strong buy ratings
0 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

8/19/2020

0 strong buy ratings
0 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

11/17/2020

0 strong buy ratings
1 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

2/15/2021

0 strong buy ratings
1 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

4/16/2021

0 strong buy ratings
1 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

5/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
3/30/2021	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$8.00	Low	i
3/24/2021	Wells Fargo & Company	Upgrade	Equal Weight ➝ Overweight	$8.00	High	i
12/15/2020	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$4.00	Low	i
3/27/2020	The Goldman Sachs Group	Lower Price Target	Neutral	$2.00 ➝ $1.00	Low	i
2/11/2020	Raymond James	Upgrade	Underperform ➝ Market Perform		High	i
11/28/2018	Cowen	Set Price Target	Hold	$5.00	Medium	i Rating by Jason Gabelman at Cowen Inc
10/17/2017	Cowen	Reiterated Rating	Hold	$5.00	N/A	i
9/29/2017	Wells Fargo & Company	Boost Price Target	Outperform	$7.00 ➝ $10.00	Low	i
9/5/2017	Janney Montgomery Scott	Downgrade	Buy ➝ Neutral	$8.50 ➝ $9.00	Medium	i Rating by Michael Gyure at Janney Montgomery Scott
8/14/2017	Janney Montgomery Scott	Upgrade	Neutral ➝ Buy	$6.00 ➝ $8.50	Medium	i Rating by Michael Gyure at Janney Montgomery Scott
7/14/2017	Cowen	Reiterated Rating	Hold	$5.00	High	i
5/10/2017	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$6.00	Low	i
3/30/2017	Royal Bank of Canada	Reiterated Rating	Hold	$4.00	Medium	i
3/24/2017	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$5.00 ➝ $3.00	Low	i
2/28/2017	(FBRC)	Reiterated Rating	Hold	$4.00	N/A	i
11/4/2016	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$5.00	N/A	i
9/19/2016	DA Davidson	Reiterated Rating	Hold ➝ Neutral		N/A	i Rating by Downgraded, Today Sell at DA Davidson
9/9/2016	(FBRC)	Initiated Coverage	Market Perform	$6.00	N/A	i

(Data available from 5/16/2016 forward)

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America and internationally. Its Specialty Products segment offers various lubricating oils, white mineral oils, solvents, petrolatums, waxes, synthetic lubricants, and other products that are used primarily as raw material components for basic industrial, consumer, and automotive goods. The company's Fuel Products segment provides fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt, and heavy fuel oils, as well as resells purchased crude oil to third party customers. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.

Today's Range

Now: $5.62

$5.45

$5.65

50 Day Range

MA: $5.93

$5.50

$6.40

52 Week Range

Now: $5.62

$1.93

$6.64

Volume

121,756 shs

Average Volume

212,525 shs

Market Capitalization

$441.96 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.73

Frequently Asked Questions

What sell-side analysts currently cover shares of Calumet Specialty Products Partners?

The following Wall Street analysts have issued research reports on Calumet Specialty Products Partners in the last twelve months: Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for CLMT.

What is the current price target for Calumet Specialty Products Partners?

1 Wall Street analysts have set twelve-month price targets for Calumet Specialty Products Partners in the last year. Their average twelve-month price target is $8.00, suggesting a possible upside of 42.3%. Wells Fargo & Company has the highest price target set, predicting CLMT will reach $8.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $8.00 for Calumet Specialty Products Partners in the next year.
View the latest price targets for CLMT.

What is the current consensus analyst rating for Calumet Specialty Products Partners?

Calumet Specialty Products Partners currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CLMT will outperform the market and that investors should add to their positions of Calumet Specialty Products Partners.
View the latest ratings for CLMT.

What other companies compete with Calumet Specialty Products Partners?

Other companies that are similar to Calumet Specialty Products Partners include YPF Sociedad Anónima, Delek US, Trecora Resources, Vertex Energy, BP Prudhoe Bay Royalty Trust and Green Planet Group.

How do I contact Calumet Specialty Products Partners' investor relations team?

Calumet Specialty Products Partners' physical mailing address is 2780 WATERFRONT PARKWAY EAST DRIVE SUITE 200, INDIANAPOLIS IN, 46214. The oil and gas company's listed phone number is (317) 328-5660 and its investor relations email address is [email protected] The official website for Calumet Specialty Products Partners is www.calumetspecialty.com.