HollyFrontier Corporation (HFC) : 2 brokerage houses believe that HollyFrontier Corporation (HFC) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HollyFrontier Corporation (HFC). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 2.88.
HollyFrontier Corporation (HFC) : Average target price received by HollyFrontier Corporation (HFC) is $28.75 with an expected standard deviation of $3.96. The most aggressive target on the stock is $36, whereas the most downbeat target is $24. 8 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week HollyFrontier Corporation (NYSE:HFC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.64 and $26.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.99, notching a gain of 2.20% for the day. The total traded volume was 3,279,978 . The stock had closed at $26.41 on the previous day.
In a related news,The director officer (Executive Chairman) of Hollyfrontier Corp, Jennings Michael sold 35,000 shares at $35.53 on March 29, 2016. The Insider selling transaction had a total value worth of $1,243,550. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
HollyFrontier Corporation is an independent petroleum refiner in the United States. The Company produces refined products, such as gasoline, diesel fuel, jet fuel, lubricant products, and specialty and modified asphalt. The Company operates through two segments, namely, Refining and HEP. The Refining segment includes the operations of its El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries, and NK Asphalt Partners (NK Asphalt). The Companys refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment includes of the operations of the Companys subsidiary Holly Energy Partners, L.P. (HEP). HEP is a limited partnership that acquires, owns and operates of the refined product pipeline and terminalling assets that support the refining and marketing operations in the Mid-Continent, Southwest and Rocky Mountain regions of the United States.