Theresa Chen analyst at Barclays reiterates coverage on Phillips 66 (PSX) in the energy stock sector with a Buy rating. TipRanks.com has Chen rated as a 4.7 star analyst with a 66% return on investment and a 14.1% success rate. Chen has set a price target of $ 113.
TipRanks.com reports that Phillips 66 stock currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $111.90. The target pricing ranges from a high forecast of $132.00 down to a low forecast of $89.00. Phillips 66 (PSX) stock's last closing price was $80.39 which would put the average price target at 39.20% upside.
In addition, TradingView.com issued a Sell rating for PSX over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on PSX's stock.
Other analysts covering PSX stock include:
- Neil Mehta of Goldman Sachs issued a Buy rating with the price target of $ 109 on 5 days ago
- Roger Read of Wells Fargo issued a Buy rating with the price target of $ 127 on 3 weeks ago
- Phillip Jungwirth of BMO Capital issued a Buy rating with the price target of $ 132 on 3 weeks ago
- Justin Jenkins of Raymond James issued a Buy rating with the price target of $ 115 on 1 month ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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