Phillips 66 Share Price Target ‘$154.13’, now -.2% Downside Potential

Broker Ratings
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Phillips 66 which can be found using ticker (PSX) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $169.00 and $135.00 calculating the average target share price we see $154.13. (at the time of writing). Given that the stocks previous close was at $154.38 this indicates there is a potential downside of -.2%. Also worth taking note is the 50 day moving average now sits at $141.89 and the 200 moving average now moves to $120.29. The market capitalization for the company is 68.04B. The stock price is currently at: $159.03 USD

The potential market cap would be $67,926,672,099 based on the market consensus.

The company has a dividend yield of 2.93%. Other points of data to note are a P/E ratio of 10.28, revenue per share of $327.45 and a 6.6% return on assets.

Phillips 66 is a diversified energy company with midstream, chemicals, refining, and marketing and specialties businesses. The Company operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). Its Midstream segment provides crude oil and refined petroleum product transportation, terminaling and processing services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services, mainly in the United States. The Chemicals segment consists of its equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics on a worldwide basis. Its Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates and aviation fuels, as well as renewable fuels. Its Marketing & Specialties segment purchases for resale and markets refined petroleum products and renewable fuels.

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