Stock Rating Upgrade
During the last several trading days the Value Trend Rating for PBF Energy Inc (NYSE: PBF) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
PBF Energy Inc (NYSE: PBF) stock closed at $37.16 on 8/9/24 after a modest decline of -1.2%. NORMAL trading volume accompanied the decline. The stock has declined -5.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PBF is expected to continue to be a modest Value Builder.
PBF Energy has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PBF Energy has a very high Appreciation Score of 91 but a slightly negative Power Rating of 34, producing the Positive Value Trend Rating.
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