Peeling Back The Layers: Exploring Phillips 66 Through Analyst Insights
Portfolio Pulse from Benzinga Insights
In the last three months, 13 analysts have published ratings on Phillips 66 (NYSE:PSX), with a range of perspectives from bullish to bearish. The average 12-month price target is $161.77, a slight decrease from the previous $162.85. Analysts have recently adjusted their ratings and price targets, reflecting their response to market conditions and company performance. Phillips 66 has shown strong financial metrics, including a net margin of 2.08% and a return on equity of 2.47%.
July 01, 2024 | 4:00 pm
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NEUTRAL IMPACT
Analysts have mixed views on Phillips 66, with recent adjustments to ratings and price targets. The average 12-month price target is now $161.77, slightly down from $162.85. Financial metrics remain strong, with a net margin of 2.08% and a return on equity of 2.47%.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on the stock price. However, strong financial metrics provide a solid foundation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100