PBF Logistics (PBFX) Earning Somewhat Favorable Press Coverage, Report Finds

Press coverage about PBF Logistics (NYSE:PBFX) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PBF Logistics earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 47.0506313664124 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of PBF Logistics (NYSE:PBFX) opened at $20.00 on Tuesday. The stock has a market cap of $837.90, a PE ratio of 8.93, a PEG ratio of 2.22 and a beta of 1.17. The company has a debt-to-equity ratio of 3.40, a current ratio of 1.26 and a quick ratio of 1.26. PBF Logistics has a 12 month low of $18.55 and a 12 month high of $22.70.

A number of equities analysts have commented on PBFX shares. BidaskClub lowered shares of PBF Logistics from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. UBS Group cut their price objective on shares of PBF Logistics from $28.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, October 17th. Finally, Zacks Investment Research upgraded shares of PBF Logistics from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $24.00.

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PBF Logistics Company Profile

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.

Insider Buying and Selling by Quarter for PBF Logistics (NYSE:PBFX)

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