Freedom Broker Upgrades PBF Energy (NYSE:PBF) to Hold

Posted by Geri Gentry on Nov 2nd, 2026

PBF Energy (NYSE:PBF – Get Free Report) was upgraded by equities research analysts at Freedom Broker from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage presently has a $63.00 price objective on the oil and gas company’s stock, up from their previous price objective of $55.00. Freedom Broker‘s target price points to a potential downside of 15.81% from the company’s previous close.

Several other research analysts have also commented on PBF. UBS Group reiterated a “buy” rating and set a $99.00 price objective on shares of PBF Energy in a research note on Monday, October 5th. TD Cowen raised their target price on shares of PBF Energy from $73.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, October 22nd. Evercore began coverage on shares of PBF Energy in a report on Friday, July 17th. They issued an “in-line” rating and a $58.00 price target on the stock. Zacks Research raised PBF Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Freedom Capital lowered PBF Energy from a “hold” rating to a “strong sell” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $70.50.

Read Our Latest Analysis on PBF Energy

PBF Energy Trading Down 4.1%

PBF traded down $3.17 on Monday, reaching $74.83. 3,050,186 shares of the company traded hands, compared to its average volume of 3,332,205. The company has a market cap of $8.87 billion, a P/E ratio of 3.34, a price-to-earnings-growth ratio of 0.09 and a beta of 0.18. The company has a quick ratio of 0.96, a current ratio of 1.59 and a debt-to-equity ratio of 0.26. PBF Energy has a one year low of $25.62 and a one year high of $92.46. The firm has a fifty day simple moving average of $77.37 and a two-hundred day simple moving average of $53.50.

PBF Energy (NYSE:PBF – Get Free Report) last issued its earnings results on Thursday, October 29th. The oil and gas company reported $12.78 earnings per share for the quarter, topping the consensus estimate of $11.12 by $1.66. PBF Energy had a return on equity of 34.92% and a net margin of 6.98%. The business had revenue of $12.13 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the prior year, the business earned ($0.52) EPS. The business’s revenue for the quarter was up 58.6% compared to the same quarter last year. As a group, equities research analysts expect that PBF Energy will post 24.77 earnings per share for the current year.

Insider Activity at PBF Energy

In other news, insider Control Empresarial De Capital sold 315,776 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $77.78, for a total transaction of $24,561,057.28. Following the sale, the insider directly owned 13,866,127 shares of the company’s stock, valued at $1,078,507,358.06. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew C. Lucey sold 142,364 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $73.50, for a total transaction of $10,463,754.00. Following the sale, the chief executive officer directly owned 495,771 shares in the company, valued at $36,439,168.50. This trade represents a 22.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,938,006 shares of company stock worth $219,220,509. Corporate insiders own 5.50% of the company’s stock.

Institutional Trading of PBF Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new stake in PBF Energy during the 3rd quarter valued at about $37,000. Carolina Wealth Advisors LLC acquired a new position in shares of PBF Energy in the third quarter valued at about $44,000. Leonteq Securities AG acquired a new position in shares of PBF Energy in the first quarter valued at about $33,000. SBI Securities Co. Ltd. raised its stake in shares of PBF Energy by 148.1% in the third quarter. SBI Securities Co. Ltd. now owns 1,094 shares of the oil and gas company’s stock worth $84,000 after purchasing an additional 653 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in shares of PBF Energy by 68.7% in the second quarter. IFP Advisors Inc now owns 1,451 shares of the oil and gas company’s stock worth $66,000 after purchasing an additional 591 shares during the last quarter. Institutional investors and hedge funds own 96.29% of the company’s stock.

PBF Energy Company Profile

(Get Free Report)

PBF Energy Inc (NYSE:PBF) is an independent petroleum refiner and supplier of transportation fuels, heating oil, petrochemical feedstocks, lubricants, asphalt and other refined petroleum products. The company purchases crude oil and other feedstocks, processes them at its refineries, and sells the resulting products to branded and unbranded fuel retailers, distributors, wholesalers and commercial customers.

PBF operates refineries in several major U.S. refining regions, including the East Coast, Midwest, Gulf Coast and West Coast.