PBF Energy (PBF) has risen sharply, recording gains of 7.6% in the past 4 weeks. However, the stock has corrected -0.92% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.19% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.5% and the 50-Day Moving Average is 0.94%.The 200 Day SMA reached 18.11%
PBF Energy (NYSE:PBF): After opening at $21.95, the stock dipped to an intraday low of $21.421 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.68 and the buying power remained strong till the end. The stock closed at $22.64 for the day, a gain of 3.00% for the day session. The total traded volume was 2,001,364. The stocks close on the previous trading day was $22.64.
PBF Energy (PBF) : Average target price received by PBF Energy (PBF) is $27.29 with an expected standard deviation of $3.82. The most aggressive target on the stock is $32, whereas the most downbeat target is $20. 7 financial analysts are currently covering the stock.
PBF Energy Inc. (PBF) is a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. PBF owns and operates three domestic oil refineries and related assets with a combined processing capacity, known as throughput, of approximately 540,000bpd, and a weighted average Nelson Complexity Index of 11.3. PBF Energys three refineries are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The Company operates in two business segments: Refining and Logistics. The Companys three oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and are aggregated into the Refining segment. PBFX operates logistical assets , such as crude oil and refined petroleum products terminals, pipelines, and storage facilities, which are aggregated into the Logistics segment.