Phillips 66 (NYSE:PSX) target price raised to $92.00, reported today by Cowen
- Updated: September 18, 2016
Displaying a price of $76.15, Phillips 66 (NYSE:PSX) traded 0.01% lower on the day. With the last stock close down 2.20% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. PSX has been tracking to a 50-day average of $77.86 and two hundred day average of $80.87. 7,599,569 shares of the stock exchanged hands, up from ann average volume of 2,887,360
Cowen raised the target stock price of Phillips 66 (NYSE:PSX) to $92, indicating a possible upside of 0.21%,
On 7/13/2016, Barclays Capital released a statement about Phillips 66(NYSE:PSX) dropped the target price from $93.00 to $86.00 that indicated a possible upside of 0.13%.
Recent Performance Chart:
A total of 13 brokerages have issued a ratings update on the stock. Four analysts rate the company a strong buy, five analysts rate the company a buy, seven analyts rate the stock a hold, one analyst rate the stock to underperform, and finally 0 analystsrate the company as sell with a one year target of $90.85
Phillips 66 has a price-earnings of 14 with a one-year low of $71.74 and a 52 week high of $94.12 and has a market cap of $0.0.
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, and 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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