Analyst Stance On Two Stocks: CVR Refining, LP (CVRR), Target Corporation (TGT)

The recently concluded session had traders exchanging CVR Refining, LP (NYSE:CVRR) low level. Roughly 0.36 million shares changed hands compared to the three-month volume average 0.47 million shares. The first trade took place at $10.3 and the stock went up 3.85% to attain the closing price of $10.8.

CVR Refining, LP (CVRR) Analyst Opinion

CVR Refining, LP has a consensus hold rating from 8 Wall Street analysts, and the number of shares currently sold short amount to at least 2.53% of shares outstanding. The stock spiked 9.09% last month and is up 3.85 this year. Wall Street is only getting neutral on the stock, with 1 of analysts who cover CVRR having a buy-equivalent rating. Analysts have placed a $10.57 price target on CVR Refining, LP, suggesting a -2.13% decline from recent close. It’s currently trading about -13.94% below its 52-week high.

CVR Refining, LP Earnings Surprise

CVR Refining, LP (CVRR) failed to surprise the stock market in its last reported earnings when it earned -$0.13 a piece versus the consensus-estimated $0.2. Its revenue totaled $1.29 billion down -9.31% from the previous quarter.

CVR Refining, LP (NYSE:CVRR) Intraday View

This stock (CVRR) is ahead of its 52-week low with 67.44%. Its last month’s stock price volatility remained 3.79% which for the week stands at 3.91%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.41% and stays 15.41% away from its 50 days moving average. Over the last five days, shares have faced 0% losses and now is up 11.94% since hitting its 200-day moving average of $9.26. CVR Refining, LP (CVRR) has made its way to a 12-month gain of 44%.

Turning to Target Corporation (NYSE:TGT), its shares were trading at $60.26 a retreat of $-1.75, on the trading floor. The stock, after opening at $61.45, touched a high of $61.56 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Target Corporation has 2 buy ratings, 17 holds and 1 sells even after the stock tumbled -24.04% from its high of $ 79.3299 to a $33.87 billion market value through last close.

Target Corporation (TGT) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.96 to 2.96 during a month. Analysts set a 12-month price target of $59.28 a share. The target implies a -1.63% decrease from where the shares are currently trading. Also, the current price highlights a discount of 27.78% to analysts’ high consensus price target.

Target Corporation (NYSE:TGT) Intraday Trading

The counter witnessed a trading volume of 6.89 million shares versus an average volume of 6.54 million shares during last trading session. Its last month’s stock price volatility remained 2.36% which for the week approaches 2.01%. The lowest price the stock reached in the last trading day was $59.86 and compares with the $48.56 52-week low. The stock recovered 24.09% since its low point and has performed -16.57% year-to-date.

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