Jefferies analyst Christopher Sighinolfi reiterated a Hold rating on Hollyfrontier Corp (HFC) yesterday and set a price target of $49. The company’s shares opened today at $53.74.
According to TipRanks.com, Sighinolfi is a 5-star analyst with an average return of 10.9% and a 67.7% success rate. Sighinolfi covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, EnLink Midstream Partners, and Targa Resources Corp.
Currently, the analyst consensus on Hollyfrontier Corp is a Hold with an average price target of $67.83.
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Based on Hollyfrontier Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $341 million. In comparison, last year the company had a net profit of $518 million.
Based on the recent corporate insider activity of 43 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).
