Is Holly Energy Partners Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: HEP) stock is to Buy HEP stock.
Out of 2 analysts, 0 (0%) are recommending HEP as a Strong Buy, 1 (50%) are recommending HEP as a Buy, 1 (50%) are recommending HEP as a Hold, 0 (0%) are recommending HEP as a Sell, and 0 (0%) are recommending HEP as a Strong Sell.
What is HEP's forecast return on equity (ROE) for 2023-2024?
(NYSE: HEP) forecast ROE is 28.32%, which is considered strong.
What is HEP's Price Target?
According to 2 Wall Street analysts that have issued a 1 year HEP price target, the average HEP price target is $18.50, with the highest HEP stock price forecast at $20.00 and the lowest HEP stock price forecast at $17.00.
On average, Wall Street analysts predict that Holly Energy Partners's share price could reach $18.50 by May 9, 2024. The average Holly Energy Partners stock price prediction forecasts a potential upside of 6.2% from the current HEP share price of $17.42.
What is HEP's forecast return on assets (ROA) for 2023-2024?
(NYSE: HEP) forecast ROA is 9.02%, which is higher than the forecast US Oil & Gas Midstream industry average of 6.16%.
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