Analyst Price Target is $23.75
▲ +14.13% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Calumet Specialty Products Partners in the last 3 months. The average price target is $23.75, with a high forecast of $29.00 and a low forecast of $15.00. The average price target represents a 14.13% upside from the last price of $20.81.
Current Consensus is
Buy
The current consensus among 4 polled investment analysts is to buy stock in Calumet Specialty Products Partners. This rating has held steady since November 2023, when it changed from a Moderate Buy consensus rating.
Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Montana/Renewables; and Performance brands segments. The Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment focuses on processing renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. It also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. The company serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.
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