Goldman Sachs Group Inc. upgraded Phillips 66 (NYSE:PSX) to Neutral in a report released today.
- Updated: September 29, 2016
Yesterday Phillips 66 (NYSE:PSX) traded -2.35% lower at $81.50. The company’s 50-day moving average is $78.74 and its 200-day moving average is $80.47. The last stock close price is up -1.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,121,211 shares of Phillips 66 traded, up from an avg. volume of 2,897,070
Goldman Sachs Group Inc. has upgraded Phillips 66 (NYSE:PSX) to Neutral in a report released on 9/29/2016.
With a total market value of $0, Phillips 66 has 52 week low of $71.74 and a 52 week high of $94.12 with a PE ratio of 13.72 .
Also covering Phillips 66's target, a total of 13 analysts have released a report on Phillips 66. The 12-month target is $90.85 with four brokerages rating the stock a strong buy, 5 firms rating the stock a buy, 7 brokers rating the stock a hold, 1 equity analyst rating the company a underperform, and lastly 0 firms rating the company a sell.
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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