PBF Energy Inc has a consensus price target of $44.09 based on the ratings of 18 analysts. The high is $74 issued by B of A Securities on March 15, 2024. The low is $14 issued by Cowen & Co. on December 28, 2021. The 3 most-recent analyst ratings were released by UBS, Scotiabank, and JP Morgan on August 13, 2024, July 12, 2024, and July 2, 2024, respectively. With an average price target of $47.33 between UBS, Scotiabank, and JP Morgan, there's an implied 38.28% upside for PBF Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PBF Energy (NYSE:PBF) was reported by UBS on August 13, 2024. The analyst firm set a price target for $44.00 expecting PBF to rise to within 12 months (a possible 28.54% upside). 28 analyst firms have reported ratings in the last year.
The latest analyst rating for PBF Energy (NYSE:PBF) was provided by UBS, and PBF Energy maintained their neutral rating.
The last upgrade for PBF Energy Inc happened on March 15, 2024 when B of A Securities raised their price target to $74. B of A Securities previously had a neutral for PBF Energy Inc.
The last downgrade for PBF Energy Inc happened on March 22, 2024 when Mizuho changed their price target from $52 to $58 for PBF Energy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PBF Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PBF Energy was filed on August 13, 2024 so you should expect the next rating to be made available sometime around August 13, 2025.
While ratings are subjective and will change, the latest PBF Energy (PBF) rating was a maintained with a price target of $57.00 to $44.00. The current price PBF Energy (PBF) is trading at is $34.23, which is out of the analyst’s predicted range.
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