Darling Ingredients Inc. with ticker code (DAR) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 117 and 65 with a mean TP of 94.86. Now with the previous closing price of 60.02 this would indicate that there is a potential upside of 58.0%. The 50 day moving average now sits at 64.88 while the 200 day moving average is 69.36. The company has a market capitalisation of $9,176m. Visit the company website at: https://www.darlingii.com
The potential market cap would be $14,502m based on the market concensus.
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Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. The company also collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. In addition, it recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. Further, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Rendac, Sonac, FASA, Ecoson, Rousselot, and CTH brand names. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.