PBF Energy (PBF) : Traders are bullish on PBF Energy (PBF) as it has outperformed the S&P 500 by a wide margin of 0.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.26%, relative to the S&P 500. The stock has risen by 5.82% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.47% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 2.02%.The 200 Day SMA reached 19.82% PBF Energy Inc. has dropped 4.66% during the last 3-month period . Year-to-Date the stock performance stands at -36.09%.
PBF Energy (PBF) : The consensus price target for PBF Energy (PBF) is $27.63 for the short term with a standard deviation of $4.96. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $17.
Company shares have received an average consensus rating of Hold for the current week PBF Energy (NYSE:PBF): The stock opened at $22.44 and touched an intraday high of $23.21 on Friday. During the day, the stock corrected to an intraday low of $22.44, however, the bulls stepped in and pushed the price higher to close in the green at $22.73 with a gain of 0.18% for the day. The total traded volume for the day was 3,643,257. The stock had closed at $22.73 in the previous trading session.
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.