In a report released today, Theresa Chen from Barclays maintained a Hold rating on Phillips 66 (PSX – Research Report), with a price target of $139.00. The company’s shares closed last Friday at $145.47.
According to TipRanks, Chen is a 5-star analyst with an average return of 15.1% and a 74.78% success rate. Chen covers the Energy sector, focusing on stocks such as TC Energy, Valero Energy, and Phillips 66.
In addition to Barclays, Phillips 66 also received a Hold from Bank of America Securities’s Doug Leggate in a report issued on January 31. However, on February 2, J.P. Morgan maintained a Buy rating on Phillips 66 (NYSE: PSX).
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The company has a one-year high of $148.72 and a one-year low of $88.03. Currently, Phillips 66 has an average volume of 3.28M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PSX in relation to earlier this year. Last month, Zhanna Golodryga, the EVP of PSX sold 29,800.00 shares for a total of $4,024,963.76.
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Phillips 66 (PSX) Company Description:
Founded in 2012, Phillips 66 is a Texas-based multinational energy company, which is engaged in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties.
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