Hess Corp. Price Target Increased to $155, Analyst Maintains Sector Perform Rating

A Scotiabank analyst has increased the price target for Hess Corp. (HES) to $155, up from $146.58, with a Sector Perform rating. The average target price from 14 analysts is $160.43, implying a 5.52% upside from the current price of $152.04. The average brokerage recommendation is 2.4, indicating an "Outperform" status.

A Scotiabank analyst has increased the price target for Hess Corp. (HES) to $155, up from $146.58, with a Sector Perform rating. The analyst, Paul Cheng, has updated the price targets for U.S. Integrated Oil, Refining, and Large Cap E&P stocks under the firm's coverage [1].

The new target price of $155 implies a 5.52% upside from the current stock price of $152.04, according to the average target price set by 14 analysts. The consensus brokerage recommendation for Hess Corp. stands at 2.4, indicating an "Outperform" status [2].

Wall Street analysts forecast a high estimate of $191.00 and a low estimate of $136.00 for Hess Corp. (HES). The estimated GF Value for Hess Corp. in one year is $153.78, suggesting an upside of 1.14% from the current price [2].

References:

[1] https://www.tipranks.com/news/the-fly/hess-corp-price-target-raised-to-155-from-146-58-at-scotiabank-thefly
[2] https://www.gurufocus.com/news/2972155/hess-corp-hes-price-target-increased-by-analyst-hes-stock-news