Yahoo Finance What Do Most Analysts Recommend for HFC’s Stock?
Will HollyFrontier's Earnings Fall in 1Q16?
HFC’s analyst ratings
In this series, we’ve examined HollyFrontier’s (HFC) 1Q16 estimates, refining margin trend, stock performance, recent moves, and capital expenditure (capex) position ahead of its earnings release expected on May 4, 2016.
In this part, we’ll examine the ratings of analysts covering the stock.
The above table shows that five of 13 companies surveyed have rated HFC as a “buy,” “overweight,” or “outperform.” The highest 12-month price target for HFC stands at $55, indicating a 53% rise from its current levels. Another seven companies have rated HFC as a “hold.”
The average 12-month price target for HFC stands at $39, indicating a 9% rise from its current levels. One company has given a “sell” rating to HollyFrontier. HFC’s lowest 12-month price target stands at $30, implying a 17% fall from its current levels.
The highest price target for HFC has been set by Wolfe Research, whereas the lowest price target has been set by Cowen. Companies such as Barclays, Wolfe Research, RBC Capital Markets, and Macquarie have positive recommendations for the stock and have given it price targets of equal to or above $40 per share.
On the other hand, companies such as Goldman Sachs have “sell” recommendations on the stock. JPMorgan, Raymond James, and Piper Jaffray have given “neutral” or “market perform” recommendations on the stock.
HFC’s peers
HollyFrontier’s peers Western Refining (WNR), Delek US Holdings (DK), and Alon USA Energy (ALJ) have been rated as “buys” by 43%, 67%, and 9% of analysts surveyed, respectively.
For exposure to refining sector stocks, investors can consider the Vanguard Energy ETF (VDE), which has ~10% exposure to the sector.
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