# Phillips 66  Share Price Target ‘$165.59’, now 20.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-share-price-target-165.59-now-20.9-upside-potential/4121159514
- Published: 2024-06-06T14:11:52+01:00
- Author: Charlotte Edwards

**Phillips 66** with ticker code (PSX) now have 15 analysts in total covering the
stock. The consensus rating is pointing to ‘buy’. The range between the high target
price and low target price is between $191.00 and $147.00 calculating the average
target share price we see $165.59. (at the time of writing). Given that the stocks
previous close was at $136.99 this would imply there is now a potential upside of
20.9%. The 50 day MA is $151.85 while the 200 day moving average is $134.32. The
company has a market capitalization of 58.25B. The stock price is currently at: 
$137.39 USD

 The potential market cap would be $70,407,198,189 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 10.56, 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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