PBF Logistics (PBFX) Given Coverage Optimism Score of 0.23
Media coverage about PBF Logistics (NYSE:PBFX) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PBF Logistics earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the pipeline company an impact score of 47.0506313664124 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
PBF Logistics (NYSE PBFX) opened at $20.00 on Tuesday. PBF Logistics has a 1 year low of $18.55 and a 1 year high of $22.70. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 3.40. The company has a market cap of $837.90, a PE ratio of 8.93, a price-to-earnings-growth ratio of 2.22 and a beta of 1.17.
Several research analysts have commented on PBFX shares. BidaskClub upgraded shares of PBF Logistics from a “strong sell” rating to a “sell” rating in a research report on Friday, November 3rd. Zacks Investment Research upgraded shares of PBF Logistics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, UBS Group decreased their target price on shares of PBF Logistics from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. PBF Logistics currently has an average rating of “Hold” and a consensus price target of $24.00.
About PBF Logistics
PBF Logistics LP owns or leases, operates, develops and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. The Company operates through two segments: Transportation and Terminaling, and Storage. The Transportation and Terminaling segment consists of various assets, including Delaware City Rail Unloading Terminal (DCR Rail Terminal), Toledo Truck Unloading Terminal (Toledo Truck Terminal), Delaware City West Heavy Unloading Rack (the DCR West Rack), East Coast Terminals and Torrance Valley Pipeline.
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