Credit Suisse analyst Manav Gupta maintained a Buy rating on PBF Energy (PBF) today and set a price target of $18.00. The company’s shares closed last Monday at $10.92.
According to TipRanks.com, Gupta ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -10.7% and a 45.2% success rate. Gupta covers the Utilities sector, focusing on stocks such as Paramount Resources, Marathon Petroleum, and Delek US Holdings.
PBF Energy has an analyst consensus of Moderate Sell, with a price target consensus of $11.45.
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The company has a one-year high of $34.91 and a one-year low of $5.19. Currently, PBF Energy has an average volume of 4.94M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PBF in relation to earlier this year.
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. The Logistics.segment owns, leases, operates, develops, and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities, and similar logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.