What to Expect From Calumet Specialty Products Partners LP in 2018
Calumet Specialty Products Partners (NASDAQ: CLMT) nearly collapsed in 2016 under the weight of debt after its profitability crumbled, which caused units to lose 80% of their value. However, the master limited partnership (MLP) has worked tirelessly on its turnaround plan and delivered nearly flawless execution on its strategy in 2017. As a result, units almost doubled in value this year.
While that's a tough act to follow, investors can expect the company to continue working on its turnaround plan in 2018, which should further boost profitability.
Image source: Getty Images.
Source: Fool.com
Calumet Speciality Products Aktie
1,94 €
83,02 %
Eine Reihe von Buy-Einschätzungen für Calumet Speciality Products, keine Sell-Einschätzungen in Sicht.
Mit einem Kursziel von 16 € für Calumet Speciality Products zeigt sich ein beachtliches Wachstumspotenzial gegenüber dem aktuellen Kurs von 1.94 €.
