Watch for Continued Gains in Shares of PBF Energy Inc. Class A (PBF)

February 7, 2022 10:37:14

Shares of PBF Energy Inc. Class A (NYSE:PBF) traded at a new 52-week high today of $19.02. This new high was reached on below average trading volume as 463,000 shares traded hands, while the average 30-day volume is approximately 3.1 million shares.

PBF Energy Inc 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 owns refineries in Ohio, Delaware, New Jersey, and Louisiana. Each of the company’s refining facilities specializes in the processing of either light, medium, or heavy crude oil. Depending on the location of the facility, crude can be received by either water or rail. PBF products are sold throughout the Northeast, Midwest, and Gulf Coast of the United States, and in different regions of Canada.

PBF Energy Inc. Class A has overhead space with shares priced $18.94, or 82.7% below the average consensus analyst price target of $109.79.

PBF Energy Inc. Class A share prices have moved between a 52-week high of $19.02 and a 52-week low of $7.24 and are now trading 162% above that low price at $18.94 per share.

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