PBF Energy Inc. – Consensus Indicates Potential 16.2% Upside

Broker Ratings
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PBF Energy Inc. found using ticker (PBF) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 48 and 30 with the average target price sitting at 37.91. Now with the previous closing price of 32.62 this would indicate that there is a potential upside of 16.2%. The 50 day moving average now sits at 32.35 and the 200 day moving average is 22.54. The market capitalisation for the company is $3,569m. Company Website: https://www.pbfenergy.com

The potential market cap would be $4,147m based on the market concensus.

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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