Published On: Wed, Oct 19th, 2016

Hess Corporation (NYSE:HES) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of Hess Corporation (NYSE:HES).

Most recent broker ratings

10/10/2016 – Hess Corporation had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 64 price target on the stock.

09/12/2016 – KLR Group began new coverage on Hess Corporation giving the company a “accumulate” rating. They now have a USD 65 price target on the stock.

09/12/2016 – Hess Corporation was downgraded to “underperform” by analysts at Wolfe Research.

08/09/2016 – Hess Corporation had its “overweight” rating reiterated by analysts at Simmons. They now have a USD 60 price target on the stock.

06/06/2016 – Hess Corporation had its “conviction buy” rating reiterated by analysts at Goldman Sachs.

05/03/2016 – Hess Corporation was downgraded to “neutral” by analysts at Tigress Financial.

04/28/2016 – Hess Corporation was downgraded to “neutral” by analysts at UBS. They now have a USD 65 price target on the stock.

04/28/2016 – Hess Corporation was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 65 price target on the stock.

04/27/2016 – Hess Corporation was downgraded to “equal-weight” by analysts at Capital One.

04/19/2016 – Hess Corporation had its “sector outperform” rating reiterated by analysts at Scotiabank. They now have a USD 69 price target on the stock.

03/22/2016 – Hess Corporation was upgraded to “overweight” by analysts at Atlantic Equities. They now have a USD 63 price target on the stock.

02/09/2016 – Hess Corporation had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 54 price target on the stock.

02/05/2016 – Hess Corporation had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 60 price target on the stock.

01/12/2016 – Hess Corporation had its “equal-weight” rating reiterated by analysts at Morgan Stanley.

12/15/2015 – Credit Agricole began new coverage on Hess Corporation giving the company a “buy” rating.

The share price of Hess Corporation (NYSE:HES) was up +0.31% during the last day of trading, with a day high of 51.72. 2453536 shares were traded during the last session.

The stock’s 50 day moving average is 50.63 and its 200 day moving average is 55.49. The stock’s market capitalization is 15.97B. Hess Corporation has a 52-week low of 32.41 and a 52-week high of 64.08.

Hess Corporation is an exploration and production (E&P) company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas. Its segments include E&P, which is engaged in the sale of crude oil, natural gas liquids and natural gas, and Bakken Midstream, which provides services, including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, located in the Bakken shale play of North Dakota. Its Bakken Midstream assets include Tioga gas plant, Tioga gas plant, Crude oil train units, Ramberg truck facility, Gathering pipelines and Gathering pipelines. It has production operations located in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia and Norway.