HollyFrontier Corporation (HFC) Receives Price Target

HollyFrontier Corporation (HFC) : Currently there are 7 street experts covering HollyFrontier Corporation (HFC) stock. The most bullish and bearish price target for the stock is $36 and $25 respectively for the short term. The average price target of all the analysts comes to $29.29. The estimated standard deviation from the target is $3.82.

HollyFrontier Corporation (HFC) : 2 brokerage houses believe that HollyFrontier Corporation (HFC) is a Strong Buy at current levels. 6 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 10 Wall Street Analysts endorse the stock as a Hold with a rating of 2.87.


Also, Piper Jaffray maintains its view on HollyFrontier Corporation (NYSE:HFC) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Piper Jaffray raises the price target from $24 per share to $27 per share on HollyFrontier Corporation. The rating by the firm was issued on August 22, 2016.

HollyFrontier Corporation (NYSE:HFC): The stock opened at $25.92 on Thursday but the bulls could not build on the opening and the stock topped out at $25.92 for the day. The stock traded down to $24.60 during the day, due to lack of any buying support eventually closed down at $24.65 with a loss of -4.75% for the day. The stock had closed at $25.88 on the previous day. The total traded volume was 3,892,517 shares.

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.

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