World Point Terminals Gets a Hold Rating from Stifel Nicolaus

By Jason Carr

Stifel Nicolaus analyst Selman Akyol reiterated a Hold rating on World Point Terminals (NYSE: WPT) yesterday and set a price target of $17. The company’s shares opened today at $17.30, close to its 52-week high of $17.90.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.4% and a 50.2% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Vanguard Natural Resources LLC, Energy Transfer Partners LP, and Penntex Midstream Partners.

World Point Terminals has an analyst consensus of Hold, with a price target consensus of $17.

World Point Terminals’ market cap is currently $602.4M and has a P/E ratio of 16.54. The company has a book value ratio of 3.1475.

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.

World Point Terminals LP engages in the ownership, operation, development, and acquisition of terminals and other assets relating to the storage of petroleum products, including light and heavy refined products, and crude oil. The company was founded on April 19, 2013 and is headquartered in St. Louis, MO.