PBF Energy Inc. – Consensus Indicates Potential .5% Upside

Broker Ratings

PBF Energy Inc. with ticker code (PBF) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 48 and 30 calculating the average target price we see 37.8. Given that the stocks previous close was at 37.61 this indicates there is a potential upside of .5%. The 50 day moving average now sits at 31.65 and the 200 day MA is 24.07. The market cap for the company is $4,664m. Visit the company website at: https://www.pbfenergy.com

The potential market cap would be $4,687m based on the market concensus.

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PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. As of December 31, 2021, the company owned and operated six oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

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