# Phillips 66 – Consensus ‘buy’ rating and 12.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-consensus-buy-rating-and-12.5-upside-potential/4121165448
- Published: 2024-07-18T12:49:56+01:00
- Author: Charlotte Edwards

**Phillips 66** which can be found using ticker (PSX) now have 14 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $185.00 and $136.00 suggesting an average Analsyt 
target price of $157.31. Now with the previous closing price of $139.78 this is 
indicating there is a potential upside of 12.5%. The day 50 moving average is $140.06
and the 200 day moving average is $138.25. The company has a market cap of 59.67B.
The stock price is currently at: $140.74 USD

 The potential market cap would be $67,149,925,782 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 10.83, revenue per share of $337.31 and a 5.35% 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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