In a report issued on November 2, Brad Heffern from RBC Capital maintained a Hold rating on Par Pacific Holdings (PARR), with a price target of $8.00. The company’s shares closed last Tuesday at $8.08, close to its 52-week low of $5.72.
According to TipRanks.com, Heffern has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.1% and a 36.2% success rate. Heffern covers the Utilities sector, focusing on stocks such as Continental Resources, Marathon Petroleum, and Delek US Holdings.
Par Pacific Holdings has an analyst consensus of Moderate Sell, with a price target consensus of $8.33.
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The company has a one-year high of $25.69 and a one-year low of $5.72. Currently, Par Pacific Holdings has an average volume of 453.9K.
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Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. It operates through the following three segments: Refining, Retail and Logistics. The Refining segment involves the production of sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. The Retail segment engages in the sale of gasoline, diesel, and retail merchandise. The Logistics segment owns and operates terminals, pipelines, single-point mooring and trucking operations to distribute refined products. The company was founded on December 21, 1984 and is headquartered in Houston, TX.
