Mizuho Securities analyst Silvio Micheloto maintained a Hold rating on Hollyfrontier (NYSE:HFC) on Tuesday, setting a price target of $40, which is approximately 39.86% above the present share price of $28.6.
Micheloto expects Hollyfrontier to post earnings per share (EPS) of $0.90 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Hollyfrontier, with an average price target of $36.67.
The analysts price targets range from a high of $43 to a low of $28.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.5 billion and a net profit of $138.06 million. The company's market cap is $4.65 billion.
According to TipRanks.com, Mizuho Securities analyst Silvio Micheloto is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 21.2% and a 42.86% success rate.
HollyFrontier Corp. is an independent petroleum refiner and marketer. It specializes in gasoline, diesel fuel, jet fuel, and modified asphalt. The firm operates through the following segments: Refining; Lubricants and Specialty Products; and Holly Energy Partners, LP (NYSE:HEP). The Refining segment includes the operations in El Dorado, Tulsa, Navajo, Cheyenne, and Woods Cross Refineries. The Lubricants and Specialty Products segment offers base oil production activities, by-product sales to third parties, and intra-segment base oil sales to rack forward which includes includes the purchase of base oils and the blending, packaging, marketing and distribution and sales of finished lubricants and specialty products to third parties. The HEP segment relates to all of the operations of HEP. The company was founded in 1947 and is headquartered in Dallas, TX.