Par Pacific (NYSEAMERICAN:PARR) Reaches New 1-Year High at $21.91
Par Pacific Holdings, Inc. (NYSEAMERICAN:PARR)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $21.91 and last traded at $21.76, with a volume of 113799 shares. The stock had previously closed at $21.76.
PARR has been the subject of a number of research reports. Royal Bank of Canada restated an “average” rating and issued a $48.00 price target on shares of in a report on Monday, June 10th. Zacks Investment Research upgraded shares of DLH from a “sell” rating to a “hold” rating in a report on Tuesday. Oppenheimer set a $23.00 price target on shares of Par Pacific and gave the stock a “buy” rating in a report on Friday, May 31st. Finally, Goldman Sachs Group raised their price target on shares of MEG Energy from C$6.00 to C$7.00 in a report on Tuesday, April 16th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $22.83.
Par Pacific (NYSEAMERICAN:PARR) last posted its quarterly earnings results on Tuesday, May 7th. The oil and gas company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.09. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.13 billion.
About Par Pacific (NYSEAMERICAN:PARR)
Par Pacific Holdings, Inc owns, 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.
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