Analyst Expectations For PBF Energy's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently lowered their ratings and price targets for PBF Energy, reflecting a more cautious outlook. The average 12-month price target has decreased by 19.78% to $39.45. PBF Energy faces challenges with declining revenue growth and below-average ROE and ROA, despite having a strong net margin and prudent debt management.
October 09, 2024 | 4:00 pm
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NEGATIVE IMPACT
Analysts have lowered their ratings and price targets for PBF Energy, with the average target dropping by 19.78% to $39.45. This reflects a more cautious outlook due to challenges like declining revenue growth and below-average ROE and ROA.
The decrease in average price target and lowered ratings by multiple analysts indicate a negative sentiment towards PBF Energy's short-term performance. The company's declining revenue growth and below-average ROE and ROA contribute to this outlook, despite a strong net margin and prudent debt management.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100