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Do Analysts Expect Phillips 66 (PSX) Stock to Rise?

Friday, October 16, 2020 03:16 PM | InvestorsObserver Analysts

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Do Analysts Expect Phillips 66 (PSX) Stock to Rise?

InvestorsObserver is giving Phillips 66 (PSX) an Analyst Rating Rank of 67, meaning PSX is ranked higher by analysts than 67% of stocks. The average projection by analysts for PSX is $79.071 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.6
Wall Street analysts are rating PSX a Strong Buy today. Find out what this means to you and get the rest of the rankings on PSX!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.

Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Phillips 66 Stock Today?

Phillips 66 (PSX) stock is lower by -3.03% while the S&P 500 has risen 0.66% as of 3:07 PM on Friday, Oct 16. PSX has fallen -$1.59 from the previous closing price of $52.51 on volume of 1,691,064 shares. Over the past year the S&P 500 is up 16.96% while PSX has fallen -52.50%. PSX lost -$2.76 per share the over the last 12 months.

Click Here to get the full report on Phillips 66 (PSX) Stock.

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