UBS Upgrades PBF Energy Inc (PBF) to a Buy from a Neutral

PBF Energy Inc’s recent filing unveils that its Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital acquired Company’s shares for reported $0.87 million on Jun 05 ’25. In the deal valued at $17.99 per share,48,500 shares were bought. As a result of this transaction, Control Empresarial de Capital now holds 30,823,498 shares worth roughly $653.15 million.

Then, Control Empresarial de Capital bought 15,000 shares, generating $216,558 in total proceeds. Upon buying the shares at $14.44, the Add’l Rep. Persons-see Ex.99-1 now owns 30,774,998 shares.

Before that, Control Empresarial de Capital bought 15,000 shares. PBF Energy Inc shares valued at $209,626 were divested by the Add’l Rep. Persons-see Ex.99-1 at a price of $13.98 per share. As a result of the transaction, Control Empresarial de Capital now holds 30,757,998 shares, worth roughly $651.76 million.

UBS upgraded its PBF Energy Inc [PBF] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid March has reiterated a ‘”a Sell”‘ rating for it. TD Cowen also remained covering PBF and has decreased its forecast on December 20, 2024 with a “Sell” recommendation from previously “Hold” rating. Mizuho revised its rating on December 16, 2024. It rated PBF as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of PBF

On Friday, PBF Energy Inc [NYSE:PBF] saw its stock jump 1.73% to $21.19. Over the last five days, the stock has gained 15.41%. PBF Energy Inc shares have fallen nearly -20.19% since the year began. Nevertheless, the stocks have fallen -54.01% over the past one year. While a 52-week high of $48.20 was reached on 01/15/25, a 52-week low of $13.61 was recorded on 04/07/25.

Levels Of Support And Resistance For PBF Stock

The 24-hour chart illustrates a support level at 20.59, which if violated will result in even more drops to 19.98. On the upside, there is a resistance level at 21.82. A further resistance level may holdings at 22.44.

How much short interest is there in PBF Energy Inc?

A steep rise in short interest was recorded in PBF Energy Inc stocks on 2025-05-30, dropping by -2.33 million shares to a total of 18.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 21.28 million shares. There was a decline of -12.3%, which implies that there is a negative sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.