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Where Does Wall Street Think PBF Energy Inc (PBF) Stock Will Go?

Thursday, November 04, 2021 10:16 AM | InvestorsObserver Analysts

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Where Does Wall Street Think PBF Energy Inc (PBF) Stock Will Go?

Wall Street is neutral on PBF Energy Inc (PBF). On average, analysts give the stock a Hold rating. The average price target is $12.272, which means analysts expect the stock to decrease by -13.82% over the next twelve months. That average ranking earns the stock an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.3
Wall Street analysts are rating PBF a Hold today. Find out what this means to you and get the rest of the rankings on PBF!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With PBF Energy Inc Stock Today?

PBF Energy Inc (PBF) stock is trading at $14.24 as of 10:11 AM on Thursday, Nov 4, a rise of $0.17, or 1.21% from the previous closing price of $14.07. The stock has traded between $14.10 and $14.63 so far today. Volume today is below average. So far 326,236 shares have traded compared to average volume of 4,396,575 shares. Click Here to get the full Stock Report for PBF Energy Inc stock.

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