Mizuho Securities Keeps Their Hold Rating on Par Pacific Holdings (PARR)

Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Par Pacific Holdings today and set a price target of $40.00. The company’s shares closed yesterday at $37.02.

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Kumar CFA covers the Energy sector, focusing on stocks such as CVR Energy, Delek US Holdings, and HF Sinclair Corporation. According to TipRanks, Kumar CFA has an average return of 3.7% and a 58.33% success rate on recommended stocks.

Par Pacific Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $37.00, representing a -0.05% downside. In a report released on September 23, UBS also maintained a Hold rating on the stock with a $37.00 price target.

PARR market cap is currently $1.79B and has a P/E ratio of -136.76.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PARR in relation to earlier this year. Last month, Timothy Clossey, a Director at PARR sold 2,000.00 shares for a total of $66,740.00.