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A statement released earlier today by Barclays Capital about PBF Energy Inc (NYSE:PBF) bumps the target price to $39.00

Having a price of $32.03, PBF Energy Inc (NYSE:PBF) traded -1.44% lower on the day. With the last stock price up 18.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the date range. PBF Energy Inc has recorded a 50-day average of $26.39 and a two hundred day average of $22.90. Volume of trade was down over the average, with 516,039 shares of PBF changing hands under the typical 2,356,040

Stating a potential upside of 0.22%, Barclays Capital upped the price target of PBF Energy Inc (NYSE:PBF) to $39.00

Performance Chart

PBF Energy Inc (NYSE:PBF)

With a total market value of $0, PBF Energy Inc has 52 week low of $18.48 and a 52 week high of $30.98 .

In addition to Barclays Capital reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is $35.85 with 5 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About PBF Energy Inc (NYSE:PBF)

PBF Energy Inc. (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics. It sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States and Canada, and ships products to other international destinations. As of December 31, 2016, it owned and operated five domestic oil refineries and related assets. As of December 31, 2016, its refineries had a combined processing capacity, known as throughput, of approximately 900,000 barrels per day (bpd) and a weighted-average Nelson Complexity Index of approximately 12.2. As of December 31, 2016, the Company owned and operated five refineries providing geographic and market diversity.

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