# Phillips 66  Share Price Target ‘$154.67’, now 16.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-share-price-target-154.67-now-16.2-upside-potential/4121167850
- Published: 2024-08-08T14:18:23+01:00
- Author: Charlotte Edwards

**Phillips 66** with ticker code (PSX) have now 14 market analysts covering the 
stock. The analyst consensus now points to a rating of ‘buy’. The target price High/
Low ranges between $176.00 and $137.00 calculating the mean target share price we
have $154.67. (at the time of writing). Given that the stocks previous close was
at $133.08 this is indicating there is a potential upside of 16.2%. The 50 day MA
is $138.54 while the 200 day moving average is $139.04. The market cap for the company
is 55.63B. The price for the stock stands currently at: $132.90 USD

 The potential market cap would be $64,652,498,115 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 11.4, revenue per share of $350.46 and a 4.77% 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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