CVR Refining Maybe Bold Or Only A Hold

$1,000.00 invested today at the $17.00 price buys 59 shares. 

A $10 broker fee paid half at purchase and half at sale subtracts about $0.17 per share

Taking that $0.17 brokerage cost out of the estimated $9.34 gross gain leaves a net gain of $9.17 X 59 shares 

= $541.03

or a 54% potential net gain on a $1003.00 investment.

Therefore, CVR Refining, LP (whose ticker symbol is CVRR), now shows a possible 54% net gain including a 8% dividend yield. 

Seven analysts cover this stock. All seven rate it a hold with their combined wisdom ranking it at 3 on 1 to 5 Buy to Sell Scale.  As for price movement the 7 analysts median target price is lower at $16 instead of reflecting any gain for the year.

The forward-looking numbers were conjecture based on past year performance. Actual results remain to be seen.  They could turn out to be far higher or lower. More study is required for you to determine if CVR Refining, LP is worth your time and money.

1 2
View single page >> |

Disclaimer: For more information and to get a two-week free sample of my stock portfolios just click on this link. Click ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.