PBF Energy (NYSE:PBF) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2 by 12 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. JP Morgan maintains their rating on the shares of PBF Energy (NYSE:PBF). The current rating of the shares is Overweight. Equity Analysts at the Firm lowers the price target to $33 per share from $35 per share. The rating by the firm was issued on June 10, 2016.
PBF Energy (NYSE:PBF): The mean estimate for the short term price target for PBF Energy (NYSE:PBF) stands at $35.3 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $44 while the lower price target estimate is at $28.
PBF Energy (NYSE:PBF) rose 1.23% or 0.29 points on Tuesday and made its way into the gainers of the day. After trading began at $23.55 the stock was seen hitting $23.8789 as a peak level and $22.9 as the lowest level. The stock ended up at $23.8. The daily volume was measured at 1,586,897 shares. The 52-week high of the share price is $41.75 and the 52-week low is $23.34. The company has a market cap of $2,328 million.
PBF Energy Inc. has lost 1.29% in the last five trading days and dropped 14.48% in the last 4 weeks. PBF Energy Inc. has dropped 27.76% during the last 3-month period . Year-to-Date the stock performance stands at -33.96%.
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.