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A Breakdown of Analysts’ Views on Hess

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Wall Street’s recommendations for Hess

Let’s take a look at analysts’ target prices for Hess’s (HES) stock for the next 12 months.

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Consensus rating for Hess

Approximately 44.4% of analysts have rated Hess as a “buy,” and ~55.6% have rated it as a “hold.” The average broker target price of $65.65 for Hess implies a return of around 37% over the next 12 months.

In comparison, 77% of analysts have rated Newfield Exploration (NFX) as a “buy,” and ~23% have rated it as a “hold.” The average broker target price of $52.71 for NFX implies a return of around 27% over the next 12 months.

Analysts’ target prices for Hess

Raymond James and Evercore ISI have given Hess its most optimistic target prices of $75 and $71, respectively. These targets imply potential returns of ~57% and ~49%, respectively, in the next 12 months.

Goldman Sachs (GS) and Credit Suisse (CS) have also given Hess optimistic target prices of $69 and $68, respectively, implying potential returns of ~44% and 42%, respectively, in the next 12 months.

Société Générale and Capital One Securities have given Hess lower target prices of $67 and $65, respectively, implying potential returns of ~40% and 36%, respectively, in the next 12 months.

BMO Capital Markets and JPMorgan Chase (JPM) have given HES two of its lowest target prices of $60 and $58, respectively. These targets still imply positive returns of ~26% and 21%, respectively, over the next year.

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