Phillips 66 (PSX) Shares are Up 0.73%

Phillips 66 (PSX) : Traders are bullish on Phillips 66 (PSX) as it has outperformed the S&P 500 by a wide margin of 3.58% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.4%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.73% in the last 1 week, and is up 3.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.8% and the fifty day Moving Average is 2.4%. Phillips 66 has dropped 1.7% during the last three month period . Year-to-Date the stock performance stands at -1.59%.

Phillips 66 (PSX) : Average target price received by Phillips 66 (PSX) is $85.11 with an expected standard deviation of $7.61. The most aggressive target on the stock is $93, whereas the most downbeat target is $72. 9 financial analysts are currently covering the stock.


Phillips 66 (NYSE:PSX): On Fridays trading session , Opening price of the stock was $79.1 with an intraday high of $79.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.17. However, the stock managed to close at $78.62, a loss of 0.57% for the day. On the previous day, the stock had closed at $79.07. The total traded volume of the day was 2,061,254 shares.

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing and specialties businesses. The Company operates its business through four segments: midstream, chemicals, refining and marketing and specialties. It gathers, processes, transports and markets natural gas, and transports, fractionates and markets natural gas liquids (NGL) in the United States. The Chemical segment manufactures and markets petrochemicals and plastics. The Chemicals segment consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products (such as gasolines, distillates and aviation fuels) at 14 refineries, mainly in the United States and Europe. The Marketing and Specialties segment purchases for resale and markets refined petroleum products (such as gasolines, distillates and aviation fuels), mainly in the United States and Europe.

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