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PBF Energy (NYSE:PBF) stock price target increased to $39.00, issued a report today by Barclays

PBF Energy (NYSE:PBF) had its target price raised to $39.00 by Barclays in a report released Tuesday November 14, 2017. The new target price indicates a possible upside of 0.35% based on the company's last closing price.

Just yesterday PBF Energy (NYSE:PBF) traded -1.44% lower at $28.97. PBF’s 50-day average is $26.39 and its two hundred day average is $22.90. With the last close up 18.02% relative to the two hundred day average, compared to the S&P 500 which has increased 0.02% over the same time. 516,039 shares of PBF traded hands, down from an average trading volume of 2,356,040

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PBF Energy has a 52 week low of $18.48 and a 52 week high of $30.98 PBF’s total market value is presently $0.

A total of 13 analysts have released a report on PBF Energy. Five analysts rating the company a strong buy, six analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $35.85.

More About PBF Energy (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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