▼ -14.53% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for CrossAmerica Partners in the last 3 months. The average price target is $16.67, with a high forecast of $18.00 and a low forecast of $15.00. The average price target represents a -14.53% upside from the last price of $19.50.
The current consensus among 3 investment analysts is to hold stock in CrossAmerica Partners. This rating has held steady since July 2020, when it changed from a Sell consensus rating.
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. The company operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. As of March 1, 2021, the company distributed fuel to approximately 1,700 locations; and owned or leased approximately 1,100 sites. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. CrossAmerica Partners LP was founded in 1992 and is based in Allentown, Pennsylvania.