Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for PBF Energy Inc (NYSE: PBF) weakened of late. PBF’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
PBF Energy Inc (NYSE: PBF) stock closed at $32.02 on 9/20/24 after a large decline of -5.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 231% of normal. The stock has been weak relative to the market over the last nine months but has risen 1.7% during the last week.
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 D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PBF Energy has a good Appreciation Score of 76 but a very low Power Rating of 6, resulting in the Negative Value Trend Rating.
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