# Phillips 66  Share Price Target ‘$165.92’, now 20.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/phillips-66-share-price-target-165.92-now-20.0-upside-potential/4121160175
- Published: 2024-06-13T12:33:42+01:00
- Author: Charlotte Edwards

**Phillips 66** with ticker code (PSX) now have 15 confirmed analysts covering the
stock with the consensus suggesting a rating of ‘buy’. The target price High/Low
ranges between $191.00 and $147.00 and has a mean share price target at $165.92.(
at the time of writing). Given that the stocks previous close was at $138.29 and
the analysts are correct then there would likely be a percentage uptick in value
of 20.0%. Also worth taking note is the 50 day moving average now sits at $149.39
while the 200 day moving average is $134.94. The company has a market capitalization
of 57.66B. The current share price for the company is: $136.01 USD

 The potential market cap would be $69,182,377,460 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 10.45, 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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