# Phillips 66  Share Price Target ‘$155.03’, now 15.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-share-price-target-155.03-now-15.1-upside-potential/4121168686
- Published: 2024-08-15T13:20:50+01:00
- Author: Charlotte Edwards

**Phillips 66** with ticker code (PSX) now have 14 market analysts covering the 
stock. The analyst consensus now points to a rating of ‘buy’. The range between 
the high target price and low target price is between $176.00 and $137.00 suggesting
an average analyst share price target price of $155.03. (at the time of writing).
Given that the stocks previous close was at $134.66 and the analysts are correct
then there would likely be a percentage uptick in value of 15.1%. The 50 day moving
average now sits at $138.12 and the 200 day MA is $139.64. The total market capitalization
for the company now stands at 57.64B. The current share price for the company is:
$137.70 USD

 The potential market cap would be $66,355,683,655 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 11.81, 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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