PBF Energy Inc. – Consensus Indicates Potential -8.9% Downside

Broker Ratings
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PBF Energy Inc. found using ticker (PBF) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 50 and 25 calculating the average target price we see 34.25. Now with the previous closing price of 37.59 this is indicating there is a potential downside of -8.9%. The 50 day MA is 31.26 and the 200 day MA is 19.54. The market capitalisation for the company is $4,240m. You can visit the company’s website by visiting: https://www.pbfenergy.com

The potential market cap would be $3,863m 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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