PBF Energy Inc. with ticker code (PBF) now have 10 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 70 and 29 with a mean TP of 47.6. Given that the stocks previous close was at 40.2 this now indicates there is a potential upside of 18.4%. There is a 50 day moving average of 39.75 and the 200 moving average now moves to 35.96. The market capitalisation for the company is $5,573m. You can visit the company’s website by visiting: https://www.pbfenergy.com
The potential market cap would be $6,599m 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.
