PBF Energy Inc. – Consensus Indicates Potential 19.8% Upside

Broker Ratings

PBF Energy Inc. with ticker code (PBF) have now 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 70 and 36 with a mean TP of 51.2. Given that the stocks previous close was at 42.75 this now indicates there is a potential upside of 19.8%. The 50 day moving average now sits at 40.15 and the 200 day MA is 36.79. The company has a market capitalisation of $5,658m. Visit the company website at: https://www.pbfenergy.com

The potential market cap would be $6,777m 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 from crude oil. 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. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

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