Analysts have been eager to weigh in on the Energy sector with new ratings on Sunoco (SUN – Research Report) and PBF Energy (PBF – Research Report).
Sunoco (SUN)
In a report issued on February 14, Gabe Moreen from Mizuho Securities maintained a Hold rating on Sunoco, with a price target of $60.00. The company’s shares closed last Friday at $62.53, close to its 52-week high of $63.96.
According to TipRanks.com, Moreen is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunoco with a $60.57 average price target, a -2.3% downside from current levels. In a report issued on February 6, J.P. Morgan also maintained a Hold rating on the stock with a $53.00 price target.
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PBF Energy (PBF)
Mizuho Securities analyst Nitin Kumar CFA maintained a Buy rating on PBF Energy on February 15 and set a price target of $52.00. The company’s shares closed last Friday at $48.16.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Currently, the analyst consensus on PBF Energy is a Moderate Buy with an average price target of $49.91, which is a -2.4% downside from current levels. In a report issued on February 15, Wells Fargo also maintained a Buy rating on the stock with a $64.00 price target.
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