PBF Energy Inc. – Consensus Indicates Potential 8.4% Upside

Broker Ratings
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PBF Energy Inc. with ticker code (PBF) have now 10 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 48 and 30 and has a mean target at 37.8. With the stocks previous close at 34.86 this indicates there is a potential upside of 8.4%. There is a 50 day moving average of 32.09 while the 200 day moving average is 23.4. The company has a market cap of $4,427m. Company Website: https://www.pbfenergy.com

The potential market cap would be $4,800m 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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