A statement released earlier today by Vetr Inc. about Phillips 66 (NYSE:PSX) bumps the target price to $94.28
- Updated: September 27, 2016
Having a price of $79.40, Phillips 66 (NYSE:PSX) traded -0.08% lower on the day. With the last close down -1.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Phillips 66 has recorded a 50-day average of $78.61 and a two hundred day average of $80.46. Volume of trade was down over the average, with 2,274,587 shares of PSX changing hands under the typical 2,889,900
Stating a potential upside of 0.19%, Vetr Inc. upped the price target of Phillips 66 (NYSE:PSX) to $94.28
On 9/19/2016, Vetr Inc. released a statement on Phillips 66 (NYSE:PSX) upped the target price from $0.00 to $87.77 that suggested an upside of 0.11%.
With a total market value of $0, Phillips 66 has price-earnings ratio of 13.75 with a one year low of $71.74 and a one year high of $94.12 .
A total of 13 analysts have released a report on Phillips 66. Four analysts rating the company a strong buy, five analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $90.85.
More About Phillips 66 (NYSE:PSX)
Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing, and specialties businesses. The Company operates its business through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment includes its equity investment in DCP Midstream , LLC (DCP Midstream) and its investment in Phillips 66 Partners LP. The Midstream segment consists of three business lines: Transportation, DCP Midstream and NGL. The Midstream segment also transports crude oil and other feedstocks to refineries and other locations, and delivers refined and specialty products to market, and provides storage services for crude oil and petroleum products. The Chemical segment manufactures and markets petrochemicals and plastics. The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products. The M&S segment purchases for resale and markets refined petroleum products.
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