Par Pacific Holdings Inc has a consensus price target of $26.2 based on the ratings of 10 analysts. The high is $32 issued by TD Cowen on August 9, 2024. The low is $17 issued by JP Morgan on May 17, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, Mizuho, and JP Morgan on October 9, 2024, October 9, 2024, and October 2, 2024, respectively. With an average price target of $28 between Goldman Sachs, Mizuho, and JP Morgan, there's an implied 59.09% upside for Par Pacific Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Par Pacific Hldgs (NYSE:PARR) was reported by Goldman Sachs on October 9, 2024. The analyst firm set a price target for $28.00 expecting PARR to rise to within 12 months (a possible 59.09% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Par Pacific Hldgs (NYSE:PARR) was provided by Goldman Sachs, and Par Pacific Hldgs maintained their neutral rating.
The last upgrade for Par Pacific Holdings Inc happened on October 2, 2024 when JP Morgan raised their price target to $30. JP Morgan previously had a neutral for Par Pacific Holdings Inc.
The last downgrade for Par Pacific Holdings Inc happened on September 20, 2024 when Piper Sandler changed their price target from $37 to $23 for Par Pacific Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Par Pacific Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Par Pacific Hldgs was filed on October 9, 2024 so you should expect the next rating to be made available sometime around October 9, 2025.
While ratings are subjective and will change, the latest Par Pacific Hldgs (PARR) rating was a maintained with a price target of $32.00 to $28.00. The current price Par Pacific Hldgs (PARR) is trading at is $17.60, which is out of the analyst’s predicted range.
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