PBF Energy Inc. – Consensus Indicates Potential -18.2% Downside

Broker Ratings
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PBF Energy Inc. found using ticker (PBF) now have 12 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 50 and 25 and has a mean target at 34.25. Given that the stocks previous close was at 41.86 this now indicates there is a potential downside of -18.2%. The day 50 moving average is 30.14 and the 200 moving average now moves to 18.98. The market cap for the company is $5,075m. Company Website: https://www.pbfenergy.com

The potential market cap would be $4,152m 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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