Scotiabank Reiterates a Hold Rating on Holly Energy Partners LP (HEP)


Scotiabank analyst Richard Roberts reiterated a Hold rating on Holly Energy Partners LP (NYSE: HEP) today and set a price target of $33. The company’s shares opened today at $31.77.

According to TipRanks.com, Roberts is a 1-star analyst with an average return of -1.1% and a 50.0% success rate. Roberts covers the Basic Materials sector, focusing on stocks such as Cheniere Energy Partners LP Holdings LLC, Cheniere Energy Partners LP, and Cheniere Energy Inc.

Currently, the analyst consensus on Holly Energy Partners LP is a Hold with an average price target of $33.

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The company has a one-year high of $36.02 and a one-year low of $26.09. Currently, Holly Energy Partners LP has an average volume of 184.6K.

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Holly Energy Partners LP engages in the provision of petroleum product and crude oil transportation, terminalling, storage, and throughput services to the petroleum industry. It also owns and operate petroleum and crude oil pipelines, terminal, tankage and loading rack facilities and refinery processing units.

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