Analyst Rating: Will PBF Logistics LP (PBFX) Stock Beat the Market?

Friday, November 25, 2022 12:35 PM | InvestorsObserver Analysts

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Analyst Rating: Will PBF Logistics LP (PBFX) Stock Beat the Market?

Analysts who follow PBF Logistics LP (PBFX) on average expect it to decrease -35.36% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns PBF Logistics LP an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating PBFX a Hold today. Find out what this means to you and get the rest of the rankings on PBFX!

See Full PBFX Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With PBF Logistics LP Stock Today?

PBF Logistics LP (PBFX) stock has fallen -0.69% while the S&P 500 has risen 0.03% as of 12:21 PM on Friday, Nov 25. PBFX is lower by -$0.15 from the previous closing price of $21.81 on volume of 91,984 shares. Over the past year the S&P 500 is down -12.32% while PBFX has risen 84.18%. PBFX earned $2.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.92. Click Here to get the full Stock Report for PBF Logistics LP stock.