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Where Do Analysts See Hess Stock in 12 Months?

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What analysts are targeting for Hess

Approximately 52% of analysts rate Hess (HES) a “hold,” and 43% rate it a “buy.” Its high target price, provided by a broker, is $70, and its low target price is $38.

The average broker target price of $51.17 implies a negative return of 5.3% in the next 12 months.

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Rating changes

On December 15, 2017, JPMorgan downgraded Hess to “underweight” from “neutral.” In September 2017, it lowered HES stock from “overweight” to “neutral.”

In June 2017, Atlantic Equities downgraded HES stock to “neutral.”

More recently, on December 12, 2017, Credit Suisse initiated coverage of HES stock with an “underperform” rating.

To read more about Hess in detail, read Market Realist’s Why Elliott Is Targeting Hess.

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