In a report issued on February 15, Paul Cheng from Barclays maintained a Buy rating on PBF Energy (PBF), with a price target of $61. The company’s shares closed on Friday at $35.06.
According to TipRanks.com, Cheng is a 4-star analyst with an average return of 3.9% and a 53.0% success rate. Cheng covers the Basic Materials sector, focusing on stocks such as Petroleo Brasileiro SA- Petrobras, Marathon Petroleum Corporation, and Imperial Oil Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PBF Energy with a $44.83 average price target.
See today’s analyst top recommended stocks >>
PBF Energy’s market cap is currently $4.21B and has a P/E ratio of 29.99. The company has a Price to Book ratio of 1.37.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PBF Energy, Inc. engages in the operation of a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment refines crude oil and other feedstocks into petroleum products.
