Analysts’ ratings for PBF Energy (PBF) have been fluctuating over the past quarter, with a mix of bullish and bearish sentiments from different financial experts. The table above provides a summary of the recent ratings, showcasing the evolving sentiments within the past 30 days compared to the preceding months.
In the assessment of 12-month price targets, analysts have unveiled insights for PBF Energy, presenting an average target of $57.5, with a high estimate of $74.00 and a low estimate of $50.00. This upward trend is apparent, with the current average reflecting a 0.3% increase from the previous average price target of $57.33.
Recent analyst actions have provided a comprehensive examination of how financial experts perceive PBF Energy. Key analysts, such as Doug Leggate from B of A Securities, John Royall from JP Morgan, Ryan Todd from Piper Sandler, and Nitin Kumar from Mizuho, have made adjustments to their ratings and price targets for the company.
Doug Leggate of B of A Securities raised the rating to Buy with a price target of $74.00, while John Royall of JP Morgan lowered the rating to Overweight with a price target of $54.00. Ryan Todd of Piper Sandler also lowered the rating to Neutral with a price target of $50.00. Nitin Kumar of Mizuho announced a Buy rating with a price target of $52.00.
These analyst ratings offer insights into stock performance, from Outperform to Underperform, conveying expectations for the relative performance of PBF Energy compared to the broader market. Analysts respond to changes in market conditions and company performance, frequently updating their recommendations to reflect recent developments related to PBF Energy.
It is important for investors to consider these analyst evaluations in conjunction with other financial indicators to gain a comprehensive understanding of PBF Energy’s market position. With insights from analysts and financial experts, investors can make well-informed decisions regarding their investments in PBF Energy.
PBF Energy Inc is an independent petroleum refiner and supplier of transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company operates in two reportable business segments: Refining and Logistics, owning refineries in several states and operating logistics assets such as terminals, pipelines, and storage facilities.
In conclusion, analysts’ ratings for PBF Energy provide valuable insights for investors looking to make informed decisions in the stock market. By considering these ratings alongside other financial indicators, investors can gain a better understanding of PBF Energy’s market position and potential for growth.
