50.70% to Target, Citigroup Reconfirms “Buy” Rating for PBF Energy (PBF) Stock; Famous Daves Of America (DAVE) Sentiment Is 0.92

July 17, 2017 - By Dolores Ford

Among 15 analysts covering PBF Energy Inc (NYSE:PBF), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. PBF Energy Inc has $49 highest and $19 lowest target. $32.17’s average target is 44.71% above currents $22.23 stock price. PBF Energy Inc had 36 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan on Monday, July 11 to “Neutral”. Goldman Sachs upgraded the shares of PBF in report on Wednesday, April 5 to “Neutral” rating. The firm has “Equal-Weight” rating given on Monday, October 12 by Barclays Capital. The rating was maintained by Cowen & Co on Thursday, July 13 with “Buy”. The stock has “Hold” rating by Deutsche Bank on Thursday, September 15. Goldman Sachs downgraded the shares of PBF in report on Wednesday, June 29 to “Neutral” rating. The company was downgraded on Monday, February 27 by Morgan Stanley. The stock of PBF Energy Inc (NYSE:PBF) earned “Buy” rating by Tudor Pickering on Tuesday, November 1. RBC Capital Markets maintained it with “Hold” rating and $2200 target in Thursday, July 6 report. Morgan Stanley upgraded it to “Overweight” rating and $49 target in Friday, January 15 report.

Famous Dave’s of America, Inc. operates restaurants. The company has market cap of $24.46 million. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It currently has negative earnings. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.

Since January 1, 0001, it had 2 insider buys, and 1 sale for $719,884 activity.

Analysts await Famous Dave’s of America, Inc. (NASDAQ:DAVE) to report earnings on August, 21. They expect $0.09 earnings per share, down 47.06% or $0.08 from last year’s $0.17 per share. DAVE’s profit will be $625,398 for 9.78 P/E if the $0.09 EPS becomes a reality. After $-0.05 actual earnings per share reported by Famous Dave’s of America, Inc. for the previous quarter, Wall Street now forecasts -280.00% EPS growth.

About 13,730 shares traded. Famous Dave’s of America, Inc. (DAVE) has declined 23.38% since July 17, 2016 and is downtrending. It has underperformed by 40.08% the S&P500.

Bandera Partners Llc holds 2.65% of its portfolio in Famous Dave’s of America, Inc. for 834,372 shares. Perkins Capital Management Inc owns 124,000 shares or 0.67% of their US portfolio. Moreover, Wexford Capital Lp has 0.67% invested in the company for 1.33 million shares. The New Jersey-based Raging Capital Management Llc has invested 0.2% in the stock. Rothschild Investment Corp Il, a Illinois-based fund reported 150,659 shares.

About 406,648 shares traded. PBF Energy Inc (NYSE:PBF) has declined 20.84% since July 17, 2016 and is downtrending. It has underperformed by 37.54% the S&P500.

Investors sentiment increased to 1.14 in Q4 2016. Its up 0.25, from 0.89 in 2016Q3. It increased, as 36 investors sold PBF Energy Inc shares while 70 reduced holdings. 53 funds opened positions while 68 raised stakes. 106.04 million shares or 5.79% more from 100.23 million shares in 2016Q3 were reported. State Street reported 2.90 million shares. Hotchkis & Wiley Cap Mngmt Lc holds 0.09% or 821,680 shares in its portfolio. Lsv Asset Management has 0.12% invested in PBF Energy Inc (NYSE:PBF) for 2.39 million shares. Old West Invest Management Ltd accumulated 438,362 shares. Cushing Asset Ltd Partnership has invested 0.1% in PBF Energy Inc (NYSE:PBF). Symphony Asset Mngmt Ltd Liability Corp has 0.08% invested in PBF Energy Inc (NYSE:PBF). Laurion Cap Mngmt Ltd Partnership holds 12,000 shares. Convergence Investment Prtn Ltd Llc holds 0.04% or 11,563 shares. Blackrock Institutional Trust Company Na owns 2.61M shares. Creative Planning holds 0% in PBF Energy Inc (NYSE:PBF) or 8,252 shares. Morgan Stanley has invested 0.01% in PBF Energy Inc (NYSE:PBF). Verition Fund Ltd Llc holds 0.09% in PBF Energy Inc (NYSE:PBF) or 35,554 shares. Ny State Common Retirement Fund holds 288,390 shares or 0.01% of its portfolio. Kcg Holdg Inc holds 16,224 shares or 0.01% of its portfolio. Clinton has invested 0.05% in PBF Energy Inc (NYSE:PBF).

PBF Energy Inc. is a holding company. The company has market cap of $2.48 billion. The Firm is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. It has a 12.74 P/E ratio. The Firm operates through two divisions: Refining and Logistics.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: