Goldman Sachs has maintained its "Neutral" rating on PBF Energy (PBF) while raising its price target from $81.00 to $91.00, a 12.35% increase. The adjustment comes on October 10, 2026, amidst a series of recent analyst ratings. Despite the cautious optimism, PBF's current price of $86.42 is deemed 106.3% overvalued compared to its GF Value™ of $41.89.
The company's GF Score™ stands at 48/100, indicating moderate overall performance. PBF's financial strength and profitability score well, but its growth and valuation metrics are weak. The P/E ratio (TTM) of 7.64 is significantly higher than its 5-year median P/E of 3.04, suggesting potential overvaluation.
Institutional investors show mixed activity, with six gurus holding shares, two adding to their positions and three trimming holdings. Insider activity reveals significant selling, totaling $347 million over the past three months. This mixed signal may deter value-focused investors, despite the company's financial stability and profitability.
PBF Energy operates refineries across several U.S. states, with a market capitalization of approximately $10.24 billion. The company's performance is driven by refining margins, crude oil differentials, and throughput volumes. Investors should weigh these factors carefully before making decisions.