Analysts’ recommendations

Of the four companies in our review—Phillips 66 Partners (PSXP), Holly Energy Partners (HEP), PBF Logistics (PBFX), and Andeavor Logistics (ANDX)—PBF Logistics received the highest percentage of “buy” recommendations from analysts surveyed by Reuters. Of these analysts, 100.0% rated PBF Logistics a “buy.”

In comparison, 63.0% of the surveyed analysts rated Phillips 66 Partners a “buy,” and 80.0% rated Andeavor Logistics a “buy.” None of the surveyed analysts gave a “buy” recommendation to Holly Energy Partners. 

Analysts Are Bullish on Andeavor Logistics and PBF Logistics

Plus, 75.0% rated HEP a “hold,” and 25.0% rated it a “sell.” The other three stocks did not receive any “sell” recommendations. The chart above compares analysts’ recommendations for the four stocks.

Price targets

The consensus target prices for Phillips 66 Partners, Holly Energy Partners, PBF Logistics, and Andeavor Logistics are $59.00, $33.00, $24.00, and $57.00, respectively. These target prices imply price returns of 9.0%, 4.0%, 13.0%, and 9.0%, respectively, for PSXP, HEP, PBFX, and ANDX over the next one-year period.

PBF Logistics has the maximum expected upside potential, as well as the most “buy” recommendations from these analysts.

Analysts are bullish on Andeavor Logistics and Phillips 66 Partners with 80.0% and 63.0% “buy” recommendations, respectively. The two stocks have an upside potential of 9.0% in a year, based on consensus estimates.

For a comparison of the top MLP stocks, please read EPD, ETP, MMP, WPZ: Which MLP Will Outperform Peers in 2018?

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