In a report released today, Ryan Todd from Piper Sandler maintained a Buy rating on Darling Ingredients (DAR – Research Report), with a price target of $55.00. The company’s shares closed yesterday at $41.71.
Todd covers the Energy sector, focusing on stocks such as PBF Energy, Par Pacific Holdings, and HF Sinclair Corporation. According to TipRanks, Todd has an average return of 8.3% and a 58.85% success rate on recommended stocks.
Darling Ingredients has an analyst consensus of Strong Buy, with a price target consensus of $63.08, which is a 51.23% upside from current levels. In a report released on April 16, J.P. Morgan also maintained a Buy rating on the stock with a $62.00 price target.
DAR market cap is currently $6.66B and has a P/E ratio of 10.46.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DAR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Darling Ingredients (DAR) Company Description:
Darling Ingredients, Inc. engages in the development and production of natural ingredients from edible and inedible bio-nutrients. It operates through the following segments: Feed Ingredients, Food Ingredients and Fuel Ingredients. The Feed Ingredients segment includes ingredients business such as fats and proteins used cooking oil, trap grease and food residuals collection, the Rothsay ingredients, and the ingredients and specialty products. The Food Ingredients segment comprises gelatin, natural casings and meat by-products, and specialty products activities. The Fuel Ingredients segment consists of biofuel and bioenergy services. The company was founded in 1882 and is headquartered in Irving, TX.
Read More on DAR:
- Darling Ingredients price target lowered to $57 from $73 at Scotiabank
- Darling Ingredients price target lowered to $60 from $65 at Baird
- Darling Ingredients price target lowered to $90 from $95 at Stifel
- Darling Ingredients price target raised to $48 from $46 at Citi
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