PBF Energy Inc. – Consensus Indicates Potential 33.8% Upside

Broker Ratings
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PBF Energy Inc. found using ticker (PBF) have now 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 57 and 25 with the average target price sitting at 36.5. Now with the previous closing price of 27.27 this indicates there is a potential upside of 33.8%. The 50 day MA is 32.56 and the 200 moving average now moves to 21.06. The market cap for the company is $3,477m. Company Website: https://www.pbfenergy.com

The potential market cap would be $4,654m 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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