Impact of Brokerage Rating on Phillips 66(PSX)

Many Phillips 66(PSX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Mizuho on Feb 6, 2017 to Buy, Raises Price Target to $ 63 from a previous price target of $55 .

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Chukwuemeka A. Oyolu (Vice President & Controller) sold 3,574 shares at 88.12 per share price.On Dec 5, 2016, Lawrence Michael Ziemba (Executive VP, Refining) sold 101,909 shares at 85.24 per share price.On Nov 30, 2016, Robert A Herman (Executive Vice President) sold 78,327 shares at 82.81 per share price.

Phillips 66 Last issued its quarterly earnings results on Feb 3, 2017. The company reported $0.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.30. Analyst had a consensus of $0.46.Analysts expectations of $ 27835.00.During the same quarter in the previous year, the company posted $1.31 EPS.

Phillips 66 (NYSE:PSX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.77 by 13 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 11 Brokerage Firms have advised hold.

Phillips 66 (NYSE:PSX): The mean estimate for the short term price target for Phillips 66 (NYSE:PSX) stands at $91.2 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $104 while the lower price target estimate is at $84.

Phillips 66 (NYSE:PSX) rose 0.1% or 0.08 points on Tuesday and made its way into the gainers of the day. After trading began at $79.98 the stock was seen hitting $80.1031 as a peak level and $79.15 as the lowest level. The stock ended up at $79.98. The daily volume was measured at 2,544,690 shares. The 52-week high of the share price is $90.87 and the 52-week low is $73.67. The company has a market cap of $41,510 million.

Phillips 66 is a downstream energy company. It operates in three segments: Refining & Marketing, Midstream and Chemicals. The Refining and Marketing segment purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia and also engages in power generation activities, lubricants and other specialty products businesses. The Midstream segment gathers, processes, transports and markets natural gas and fractionates and markets NGL, predominantly in the United States. The Chemicals segment manufactures and markets petrochemicals and plastics. Phillips 66 is headquartered in Houston, Texas.


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