HF Sinclair Corporation (NYSE:DINO) Receives $59.90 Average Price Target from Analysts

Shares of HF Sinclair Corporation (NYSE:DINO) have been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $59.90.

A number of brokerages have issued reports on DINO. Scotiabank reiterated an “outperform” rating and set a $62.00 price target on shares of HF Sinclair in a research report on Friday, January 16th. Morgan Stanley lifted their price objective on shares of HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. Barclays reduced their price objective on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th.

HF Sinclair Stock Performance

DINO opened at $58.55 on Friday. The company has a current ratio of 1.91, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $50.46 and its 200-day moving average is $50.86. The stock has a market cap of $10.77 billion, a PE ratio of 28.02 and a beta of 0.87. HF Sinclair has a twelve month low of $24.66 and a twelve month high of $59.33.

Hedge Funds Weigh In On HF Sinclair

Hedge funds have recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in HF Sinclair in the fourth quarter worth about $26,000. Quent Capital LLC acquired a new position in shares of HF Sinclair in the 3rd quarter worth approximately $28,000. REAP Financial Group LLC bought a new stake in shares of HF Sinclair in the 4th quarter worth approximately $29,000. Johnson Financial Group Inc. bought a new stake in shares of HF Sinclair in the 2nd quarter worth approximately $33,000. Finally, State of Wyoming acquired a new stake in HF Sinclair during the second quarter valued at approximately $41,000. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Company Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.