Piper Sandler analyst Ryan Todd maintains $HF Sinclair (DINO.US)$ with a buy rating, and maintains the target price at $49.
According to TipRanks data, the analyst has a success rate of 54.7% and a total average return of 5.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $HF Sinclair (DINO.US)$'s main analysts recently are as follows:
The analyst has adjusted the market expectations for Q3 crack assumptions within the refining group and revised the long-term estimates to reflect the outlook up to year-end 2025, as opposed to the previous focus on 2024. There is a noted caution regarding the near-term prospects of the industry, with observations that both the U.S. and global refineries are operating at higher utilizations than current demand necessitates.
In the context of a wider commentary on the Energy sector, it's noted that the firm has adjusted its analytical model for the North American Oil and Gas group, U.S. refiners, and Canadian oilfield services companies. This revision comes on the heels of a significant drop in crude prices during September, with the anticipation that prices are likely to stabilize around the current levels for the remainder of the year.
Note:
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