Phillips 66
(NYSE:PSX)
$137.00
-0.29[-0.21%]
At close: Jun 18
$137.00
0[0.00%]
After Hours: 7:57PM EDT
Phillips 66 (PSX) announced it will sell assets to Tallgrass Energy, LP on Friday, June 14, 2024
Consensus Rating1
Outperform
Highest Price Target1
$191.00
Lowest Price Target1
$75.00
Consensus Price Target1
$135.59

Phillips 66 (NYSE:PSX) Stock, Analyst Ratings, Price Targets, Predictions

Phillips 66 has a consensus price target of $135.59, established from looking at the 99 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Argus Research, and Raymond James on June 14, 2024, May 30, 2024, and May 30, 2024. With an average price target of $159.33 between Piper Sandler, Argus Research, and Raymond James, there's an implied 16.30% upside for Phillips 66 from these 3 analyst ratings.

Analyst Trends and Forecast
2
1
Feb
2
2
Mar
3
3
Apr
2
May
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Argus Research
Raymond James
Barclays
Mizuho

1calculated from analyst ratings

Analyst Ratings for Phillips 66

Buy NowGet Alert
06/14/2024Buy Now10.22%Piper Sandler
Ryan Todd
$170 → $151MaintainsOverweightGet Alert
05/30/2024Buy Now21.9%Argus Research
Bill Selesky
$167 → $167ReiteratesBuy → BuyGet Alert
05/30/2024Buy Now16.79%Raymond James
Justin Jenkins
$163 → $160MaintainsOutperformGet Alert
05/14/2024Buy Now24.09%Piper Sandler
Ryan Todd
$187 → $170MaintainsOverweightGet Alert
04/30/2024Buy Now7.3%Barclays
Theresa Chen
$155 → $147MaintainsEqual-WeightGet Alert
04/18/2024Buy Now13.14%Barclays
Theresa Chen
$139 → $155MaintainsEqual-WeightGet Alert
04/12/2024Buy Now18.25%Mizuho
Nitin Kumar
$167 → $162MaintainsNeutralGet Alert
04/11/2024Buy Now13.87%Scotiabank
Paul Cheng
$148 → $156MaintainsSector OutperformGet Alert
04/08/2024Buy Now39.42%Wells Fargo
Roger Read
$179 → $191MaintainsOverweightGet Alert
04/05/2024Buy Now36.5%Piper Sandler
Ryan Todd
$169 → $187MaintainsOverweightGet Alert
04/01/2024Buy Now21.9%JP Morgan
John Royall
$149 → $167MaintainsOverweightGet Alert
03/22/2024Buy Now27.01%Goldman Sachs
Neil Mehta
$152 → $174MaintainsBuyGet Alert
03/22/2024Buy Now21.9%Mizuho
Nitin Kumar
$135 → $167MaintainsNeutralGet Alert
03/20/2024Buy Now30.66%Wells Fargo
Roger Read
$163 → $179MaintainsOverweightGet Alert
03/15/2024Buy Now31.39%B of A Securities
Doug Leggate
$150 → $180MaintainsNeutralGet Alert
03/08/2024Buy Now23.36%Piper Sandler
Ryan Todd
$165 → $169MaintainsOverweightGet Alert
02/05/2024Buy Now1.46%Barclays
Theresa Chen
$132 → $139MaintainsEqual-WeightGet Alert
02/01/2024Buy Now18.98%Wells Fargo
Roger Read
$151 → $163MaintainsOverweightGet Alert
02/01/2024Buy Now13.14%Raymond James
Justin Jenkins
$140 → $155MaintainsOutperformGet Alert
12/19/2023Buy Now2.19%Raymond James
Justin Jenkins
$128 → $140MaintainsOutperformGet Alert
12/04/2023Buy Now9.49%TD Cowen
Jason Gabelman
$134 → $150MaintainsOutperformGet Alert
10/31/2023Buy Now6.57%Wolfe Research
Sam Margolin
→ $146UpgradePeer Perform → OutperformGet Alert
10/06/2023Buy Now-15.33%Mizuho
Nitin Kumar
$131 → $116MaintainsNeutralGet Alert
10/06/2023Buy Now-6.57%Raymond James
Justin Jenkins
$133 → $128MaintainsOutperformGet Alert
10/05/2023Buy Now-2.19%Piper Sandler
Ryan Todd
$138 → $134MaintainsOverweightGet Alert
09/20/2023Buy Now-2.92%Raymond James
Justin Jenkins
$125 → $133MaintainsOutperformGet Alert
09/18/2023Buy Now4.38%B of A Securities
Doug Leggate
$141 → $143MaintainsNeutralGet Alert
09/18/2023Buy Now-4.38%Mizuho
Nitin Kumar
$127 → $131MaintainsNeutralGet Alert
09/08/2023Buy Now5.11%Wells Fargo
Roger Read
$130 → $144MaintainsOverweightGet Alert
09/01/2023Buy Now2.92%Goldman Sachs
Neil Mehta
$125 → $141MaintainsBuyGet Alert

FAQ

Q

What is the target price for Phillips 66 (PSX) stock?

A

The latest price target for Phillips 66 (NYSE:PSX) was reported by Piper Sandler on June 14, 2024. The analyst firm set a price target for $151.00 expecting PSX to rise to within 12 months (a possible 10.22% upside). 35 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Phillips 66 (PSX)?

A

The latest analyst rating for Phillips 66 (NYSE:PSX) was provided by Piper Sandler, and Phillips 66 maintained their overweight rating.

Q

When was the last upgrade for Phillips 66 (PSX)?

A

The last upgrade for Phillips 66 happened on October 31, 2023 when Wolfe Research raised their price target to $146. Wolfe Research previously had a peer perform for Phillips 66.

Q

When was the last downgrade for Phillips 66 (PSX)?

A

The last downgrade for Phillips 66 happened on January 10, 2023 when Mizuho changed their price target from $115 to $121 for Phillips 66.

Q

When is the next analyst rating going to be posted or updated for Phillips 66 (PSX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Phillips 66, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Phillips 66 was filed on June 14, 2024 so you should expect the next rating to be made available sometime around June 14, 2025.

Q

Is the Analyst Rating Phillips 66 (PSX) correct?

A

While ratings are subjective and will change, the latest Phillips 66 (PSX) rating was a maintained with a price target of $170.00 to $151.00. The current price Phillips 66 (PSX) is trading at is $137.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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