In a report released today, Brad Heffern from RBC Capital reiterated a Hold rating on PBF Energy (NYSE: PBF), with a price target of $49. The company’s shares closed on Friday at $48.46, close to its 52-week high of $51.42.
According to TipRanks.com, Heffern is a top 100 analyst with an average return of 28.2% and a 77.2% success rate. Heffern covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Sanchez Energy Corporation, and Oasis Petroleum Inc.
PBF Energy has an analyst consensus of Moderate Buy, with a price target consensus of $55.50.
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The company has a one-year high of $51.42 and a one-year low of $19.46. Currently, PBF Energy has an average volume of 2.19M.
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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.
