Impact of Brokerage Rating on HollyFrontier Corporation(HFC)

Many HollyFrontier Corporation(HFC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. HollyFrontier Corp was Initiated by Goldman on Feb 13, 2017 to Sell, Price Target of the shares are set at $26.HollyFrontier Corp was Upgraded by Credit Suisse to Outperform on Dec 5, 2016.

Company has reported several Insider transactions to the SEC, on Dec 23, 2016, Michael Jennings (Executive Chairman) sold 6,529 shares at 32.18 per share price.On Dec 21, 2016, James H Lee (director) sold 2,730 shares at 31.72 per share price.On Nov 12, 2015, Doug S Aron (EVP & CFO) sold 30,000 shares at 50.42 per share price.

HollyFrontier Corp Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.36. The company had revenue of $2847.27 million for the quarter, compared to analysts expectations of $2682.53 million. The companys revenue was down -20.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.82 EPS.

HollyFrontier Corporation (NYSE:HFC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.61 by 11 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

HollyFrontier Corporation (NYSE:HFC) shares are expected to touch $33.11 in the short term. This short term price target has been shared by 9 analysts. However, the standard deviation of short term price estimate has been valued at 5.16. The target price could hit $42 on the higher end and $26 on the lower end.

HollyFrontier Corporation (NYSE:HFC) rose 0.88% or 0.26 points on Tuesday and made its way into the gainers of the day. After trading began at $29.53 the stock was seen hitting $29.94 as a peak level and $29.21 as the lowest level. The stock ended up at $29.92. The daily volume was measured at 1,598,128 shares. The 52-week high of the share price is $39.17 and the 52-week low is $22.07. The company has a market cap of $5,281 million.

HollyFrontier Corporation is engaged in refining petroleum. It produces and markets gasoline, diesel, jet fuel, asphalt, heavy products and specialty lubricant products. HollyFrontier Corporation, formerly known as Holly Corporation, is headquartered in Dallas, Texas.


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