Shares of PBF Energy Inc (NYSE:PBF) have received a consensus recommendation of “Hold” from the nineteen brokerages that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $32.63.
PBF has been the subject of several research reports. Cowen reiterated a “buy” rating and issued a $30.00 price target on shares of PBF Energy in a research report on Tuesday, October 17th. Royal Bank of Canada reiterated a “hold” rating and issued a $28.00 price target on shares of PBF Energy in a research report on Wednesday, October 18th. Macquarie reiterated a “neutral” rating on shares of PBF Energy in a research report on Monday, October 23rd. Zacks Investment Research downgraded shares of PBF Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, Scotiabank reiterated a “buy” rating on shares of PBF Energy in a research report on Friday, November 3rd.
PBF Energy (NYSE:PBF) traded up $0.16 during mid-day trading on Tuesday, reaching $29.82. 1,403,130 shares of the company traded hands, compared to its average volume of 2,116,194. PBF Energy has a 1 year low of $18.48 and a 1 year high of $37.01. The stock has a market cap of $3,214.15, a P/E ratio of 14.27, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.50 and a current ratio of 1.50.
ILLEGAL ACTIVITY WARNING: This story was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2018/02/13/pbf-energy-inc-pbf-given-average-recommendation-of-hold-by-brokerages.html.
PBF Energy Company Profile
PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.
Receive News & Ratings for PBF Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PBF Energy and related companies with MarketBeat.com's FREE daily email newsletter.