In a report released yesterday, Brad Heffern from RBC Capital reiterated a Buy rating on Hollyfrontier Corp (NYSE: HFC), with a price target of $70. The company’s shares closed yesterday at $68.91.
According to TipRanks.com, Heffern is a top 100 analyst with an average return of 30.6% and a 79.5% success rate. Heffern covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Contango Oil & Gas Company, and Sanchez Energy Corporation.
Currently, the analyst consensus on Hollyfrontier Corp is a Moderate Buy with an average price target of $76.75.
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The company has a one-year high of $83.28 and a one-year low of $27.04. Currently, Hollyfrontier Corp has an average volume of 3.51M.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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HollyFrontier Corp. is an independent petroleum refiner and marketer. It specializes in gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It operates through the following segments: Refining; Lubricants and Specialty Products; and Holly Energy Partners, LP (HEP).
