# Phillips 66  Share Price Target ‘$160.60’, now 14.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-share-price-target-160.60-now-14.5-upside-potential/4121162607
- Published: 2024-06-27T14:27:45+01:00
- Author: Charlotte Edwards

**Phillips 66** with ticker code (PSX) have now 14 confirmed analysts covering the
stock with the consensus suggesting a rating of ‘buy’. The range between the high
target price and low target price is between $191.00 and $137.00 and has a mean 
share price target at $160.60. (at the time of writing). Given that the stocks previous
close was at $140.24 and the analysts are correct then we can expect a percentage
increase in value of 14.5%. It’s also worth noting that there is a 50 day moving
average of $144.19 and the 200 moving average now moves to $135.92. The total market
capitalization for the company now stands at 59.26B. The current stock price for
Playtika Holding Corp. is currently $139.78 USD

 The potential market cap would be $67,863,360,565 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 10.74, 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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