BMO Capital analyst Phillip Jungwirth maintains $HF Sinclair (DINO.US)$ with a buy rating, and adjusts the target price from $62 to $53.
According to TipRanks data, the analyst has a success rate of 41.3% and a total average return of 2.8% 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 firm has adjusted its expectations for HF Sinclair, reflecting a more cautious stance on near-term performance due to the industry running higher utilizations than demand necessitates. This reassessment also includes updated estimates for the year 2025.
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:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.