Hess Corp. Price Target Raised to $155 by Scotiabank Analyst

Scotiabank analyst Paul Cheng raised Hess Corp.'s price target to $155 from $146.58 and maintains a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Integrated Oil, Refining, and Large Cap E&P stocks.

July 02, 2025 - Scotiabank analyst Paul Cheng has raised the price target for Hess Corp. (HES) to $155 from the previous target of $146.58, while maintaining a Sector Perform rating on the shares. This adjustment aligns with the firm's ongoing review of price targets for U.S. Integrated Oil, Refining, and Large Cap Exploration & Production (E&P) stocks within its coverage universe [1].

The average one-year price target for Hess Corp. (HES), as forecasted by 14 analysts, is $160.43, with a high estimate of $191.00 and a low estimate of $136.00. This average target implies an upside of 5.00% from the current price of $152.79 [1]. Additionally, the consensus recommendation from 16 brokerage firms indicates an "Outperform" status for Hess Corp. (HES), with an average brokerage recommendation of 2.4 [1].

According to GuruFocus estimates, the projected GF Value for Hess Corp. (HES) in one year is $153.78, suggesting an upside of 0.65% from the current price of $152.79. The GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples and future performance estimates [1].

This price target adjustment by Scotiabank reflects a positive outlook on Hess Corp.'s (HES) financial trajectory, indicating that the analyst believes the company will perform in line with the broader market sector. Investors and stakeholders in Hess Corp. (HES) may find these updates relevant as they assess the company's market position and potential.

References:
[1] https://www.gurufocus.com/news/2972599/hess-hes-price-target-raised-by-scotiabank-analyst-hes-stock-news
[2] https://www.gurufocus.com/news/2972155/hess-corp-hes-price-target-increased-by-analyst-hes-stock-news