Phillips 66 has a consensus price target of $144.42 based on the ratings of 20 analysts. The high is $180 issued by B of A Securities on March 15, 2024. The low is $105 issued by Jefferies on October 19, 2022. The 3 most-recent analyst ratings were released by Barclays, UBS, and B of A Securities on November 11, 2024, November 4, 2024, and October 17, 2024, respectively. With an average price target of $139.33 between Barclays, UBS, and B of A Securities, there's an implied 4.55% upside for Phillips 66 from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Phillips 66 (NYSE:PSX) was reported by Barclays on November 11, 2024. The analyst firm set a price target for $124.00 expecting PSX to fall to within 12 months (a possible -6.96% downside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Phillips 66 (NYSE:PSX) was provided by Barclays, and Phillips 66 maintained their equal-weight rating.
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.
The last downgrade for Phillips 66 happened on January 10, 2023 when Mizuho changed their price target from $115 to $121 for Phillips 66.
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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Phillips 66 (PSX) rating was a maintained with a price target of $133.00 to $124.00. The current price Phillips 66 (PSX) is trading at is $133.27, which is out of the analyst’s predicted range.
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