RBC Capital analyst Brad Heffern reiterated a Hold rating on PBF Energy (NYSE: PBF) yesterday and set a price target of $46. The company’s shares closed yesterday at $47.10, close to its 52-week high of $50.99.
According to TipRanks.com, Heffern is a top 100 analyst with an average return of 30.6% and a 79.5% success rate. Heffern covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Contango Oil & Gas Company, and Sanchez Energy Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PBF Energy with a $52.60 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $50.99 and a one-year low of $19.46. Currently, PBF Energy has an average volume of 2.14M.
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.
