Morgan Stanley Sticks to Its Hold Rating for PBF Energy (PBF)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Hold rating on PBF Energy, with a price target of $24.00. The company’s shares closed last Friday at $21.68.

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Laetsch covers the Energy sector, focusing on stocks such as Phillips 66, Delek US Holdings, and Marathon Petroleum. According to TipRanks, Laetsch has an average return of 0.7% and a 51.72% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for PBF Energy with a $22.10 average price target, representing a 1.94% upside. In a report released today, Citi also maintained a Hold rating on the stock with a $23.00 price target.

The company has a one-year high of $37.99 and a one-year low of $13.62. Currently, PBF Energy has an average volume of 3.44M.

Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PBF in relation to earlier this year. Most recently, in June 2025, Carso De-C Inmobiliaria, a Major Shareholder at PBF bought 48,500.00 shares for a total of $872,030.00.