Mizuho Securities analyst Nitin Kumar CFA maintains $PBF Energy (PBF.US)$ with a hold rating, and adjusts the target price from $42 to $36.
According to TipRanks data, the analyst has a success rate of 63.3% and a total average return of 14.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $PBF Energy (PBF.US)$'s main analysts recently are as follows:
It is anticipated that PBF Energy may not meet the expected free cash flow and earnings for Q3 even with operational efficiency gains. Given the challenging macro refining climate, especially on the West Coast, a considerable shortfall for PBF's Q3 performance is projected.
The perspective on PBF Energy suggests that the refining sector may have reached a turning point, with diesel demand on the upswing and supporting factors such as lower prices and payrolls bolstering gasoline demand. Additionally, refined product inventories are currently lower than usual. Looking ahead, expected increases in OPEC+ production by 2025 could lead to wider crude differentials, which would benefit coastal refiners. It is also anticipated that refining capacity expansions in the Western Hemisphere will be relatively constrained, as any increases resulting from new startups and expansions in biofuels are likely to be counterbalanced by planned closures in 2025.
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瑞穗證券分析師Nitin Kumar CFA維持$PBF Energy (PBF.US)$持有評級,並將目標價從42美元下調至36美元。
根據TipRanks數據顯示,該分析師近一年總勝率為63.3%,總平均回報率為14.7%。
此外,綜合報道,$PBF Energy (PBF.US)$近期主要分析師觀點如下:
預計pbf energy可能在Q3未能達到預期的自由現金流和收益,即使在運營效率提高情況下。考慮到挑戰重重的宏觀煉油環境,尤其是在西海岸,預計pbf在Q3的表現將出現相當大的差額。
對於pbf energy的展望表明,煉油板塊可能已經到達一個轉折點,柴油需求增長勢頭良好,價格下跌和工資增加支撐了汽油需求。此外,精煉產品庫存目前低於正常水平。展望未來,預計2025年OPEC+的增產可能導致原油價差擴大,這將使沿海煉油廠受益。預計西半球的煉油能力擴張將相對受限,因爲由於新啓動和生物燃料擴張而導致的增加可能會被2025年計劃關閉的計劃內關閉所抵消。
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