Mizuho Securities analyst Silvio Micheloto maintained a Buy rating on PBF Energy (NYSE:PBF) on Thursday, setting a price target of $20, which is approximately 36.89% above the present share price of $14.61.
Micheloto expects PBF Energy to post earnings per share (EPS) of $0.40 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Sell rating of shares in PBF Energy, with an average price target of $13.7.
The analysts price targets range from a high of $20 to a low of $10.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $6.9 billion and a net profit of $143.5 million. The company's market cap is $1.76 billion.
According to TipRanks.com, Mizuho Securities analyst Silvio Micheloto is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 43.7% and a 72.22% success rate.
PBF Energy, Inc. engages in the operation of a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment refines crude oil and other feedstocks into petroleum products. The Logistics.segment owns, leases, operates, develops, and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities, and similar logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.