Credit Suisse Remains a Hold on Hess (HES)


Credit Suisse analyst William Featherston maintained a Hold rating on Hess (HES) yesterday and set a price target of $61. The company’s shares closed yesterday at $56.45.

According to TipRanks.com, Featherston is a 1-star analyst with an average return of -3.0% and a 43.2% success rate. Featherston covers the Basic Materials sector, focusing on stocks such as Anadarko Petroleum, Chesapeake Energy, and Devon Energy Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hess with a $70 average price target, implying a 24.0% upside from current levels. In a report issued on November 28, Mizuho Securities also reiterated a Hold rating on the stock with a $55 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $74.81 and a one-year low of $40.37. Currently, Hess has an average volume of 3.37M.

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.

Hess Corp is a global exploration and production company which engages in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations. It operates through the following segments: Exploration and Production; Midstream; and Corporate, Interest, and Other.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts