HF Sinclair (NYSE:DINO) PT Lowered to $47.00 at Piper Sandler

HF Sinclair (NYSE:DINOGet Rating) had its price target dropped by stock analysts at Piper Sandler from $50.00 to $47.00 in a research report issued to clients and investors on Monday, The Fly reports. Piper Sandler’s price objective would indicate a potential upside of 23.20% from the stock’s current price.

Several other research analysts also recently commented on DINO. Wells Fargo & Company started coverage on HF Sinclair in a research note on Wednesday, March 23rd. They set an “overweight” rating and a $43.00 target price for the company. The Goldman Sachs Group raised HF Sinclair from a “sell” rating to a “neutral” rating and upped their price objective for the company from $32.00 to $43.00 in a research note on Wednesday, March 30th. Finally, JPMorgan Chase & Co. assumed coverage on HF Sinclair in a research note on Wednesday, March 16th. They issued a “neutral” rating and a $36.00 price objective for the company.

DINO opened at $38.15 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 0.79. The stock has a market cap of $6.22 billion, a P/E ratio of 11.22 and a beta of 1.65. HF Sinclair has a twelve month low of $27.17 and a twelve month high of $40.71.

Institutional investors and hedge funds have recently modified their holdings of the stock. ForthRight Wealth Management LLC purchased a new stake in HF Sinclair in the 1st quarter valued at $86,000. Hexagon Capital Partners LLC purchased a new stake in shares of HF Sinclair during the 1st quarter valued at $60,000. Wedge Capital Management L L P NC purchased a new stake in shares of HF Sinclair during the 1st quarter valued at $259,000. Fruth Investment Management purchased a new stake in shares of HF Sinclair during the 1st quarter valued at $350,000. Finally, Pacer Advisors Inc. purchased a new stake in shares of HF Sinclair during the 1st quarter valued at $399,000. Institutional investors own 87.81% of the company’s stock.

HF Sinclair Company Profile (Get Rating)

HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.

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