Piper Sandler Analyst Reiterates Buy Rating on Phillips 66, PSX
Ryan Todd analyst at Piper Sandler reiterates coverage on Phillips 66 (PSX) in the Utilities sector with a Buy rating. TipRanks.com has Todd rated as a 4.6 star analyst with a 56% return on investment and a 9.6% success rate. Todd has set a price target of $ 120.
TipRanks.com reports that Phillips 66 currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $108.13. The target pricing ranges from a high forecast of $120.00 down to a low forecast of $89.00. Phillips 66 (PSX)’s last closing price was $101.84 which would put the average price target at 6.18% upside.
In addition, TradingView issued a Buy rating for PSX over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on PSX.
Other analysts covering PSX include:
- Phil Gresh of J.P. Morgan issued a Buy rating with the price target of $ 112 on 1 week ago
- T J Schultz of RBC Capital issued a Buy rating with the price target of $ 106 on 3 weeks ago
- Justin Jenkins of Raymond James issued a Buy rating with the price target of $ 107 on 3 weeks ago
- Roger Read of Wells Fargo issued a Buy rating with the price target of $ 114 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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