In a report issued on July 11, Brad Heffern from RBC Capital reiterated a Hold rating on PBF Energy (NYSE: PBF), with a price target of $44. The company’s shares closed yesterday at $42.43.
According to TipRanks.com, Heffern is a top 100 analyst with an average return of 31.5% and a 78.7% 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 Hold analyst consensus rating for PBF Energy with a $41 average price target.
See today’s analyst top recommended stocks >>
PBF Energy’s market cap is currently $4.71B and has a P/E ratio of 9.98. The company has a Price to Book ratio of 2.
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.
