PBF Energy Inc. with ticker code (PBF) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 74 and 21.21 calculating the average target price we see $49.84. Given that the stocks previous close was at $34.67 this would imply there is now a potential upside of 43.8%. There is a 50 day moving average of $41.70 while the 200 day moving average is $38.76. The market cap for the company is $4,431m. Company Website: https://www.pbfenergy.com
The potential market cap would be $6,370m based on the market consensus.
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.
The company has a dividend yield of 1.15% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 1.52, revenue per share of 381.98 and a 20.9% return on assets.
