Mizuho Securities announced Par Pacific (NYSEMKT:PARR), boosting its stock price target to $20.00 today
- Updated: October 5, 2016
Yesterday Par Pacific (NYSEMKT:PARR) traded 3.41% higher at $14.27. The company’s 50-day moving average is $13.18 and its 200-day moving average is $15.68. The last stock close price is down -8.98% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 1,048,500 shares of PARR changing hands over the typical 247,334
In a report released on 10/6/2016 Mizuho Securities raised the target price of Par Pacific (NYSEMKT:PARR) to $20.00 indicating a possible upside of 0.40%.
On 9/08/2016, Seaport Global released a statement about Par Pacific (NYSEMKT:PARR) upped the target price from $0.00 to $22.00 that suggested an upside of 0.63%.
With a total market value of $0, Par Pacific has with a one year low of $12.18 and a one year high of $28.31 .
A total of 4 analysts have released a report on Par Pacific. zero analysts rating the company a strong buy, zero analysts rating the company a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $21.75.
General Information About Par Pacific (NYSEMKT:PARR)
Par Pacific Holdings, Inc. manages and maintains interests in energy and infrastructure businesses. It operates through three segments: Refining, Retail, and Logistics. The Refining segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. The Retail segment operates retail outlets, which sell gasoline, diesel, and retail merchandise in the island of Oahu, as well as the neighboring islands of Maui, Hawaii, and Kauai. This segment operates 39 kiosks, snack shops, or convenience stores. The Logistics segment own and operate refined products terminals, pipelines, and a single-point mooring and trucking operations to distribute refined products. This segment also operates trucking business that distribute gasoline and road diesel to the final point of sale. The company also produces natural gas. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was founded in 1984 and is headquartered in Houston, Texas.
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