Economy

Next Weeks Broker Price Targets For Phillips 66 (NYSE:PSX)

Therefore 67% are positive. The stock presently has a consensus rating of "Hold" and a consensus price target of $91.27. YRC Worldwide Inc had 10 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has "Mkt Perform" rating by FBR Capital on Wednesday, January 20. The rating was maintained by Citigroup with "Neutral" on Wednesday, July 27. The stock has "Market Perform" rating by Cowen & Co on Monday, March 28. The rating was upgraded by Stifel Nicolaus on Friday, October 30 to "Buy".

Lincoln Capital Llc increased Phillips 66 (PSX) stake by 17.96% reported in 2017Q2 SEC filing. Aristotle Capital Management LLC now owns 3,137,347 shares of the oil and gas company's stock valued at $271,098,000 after buying an additional 53,997 shares during the last quarter. The institutional investor held 648,311 shares of the integrated oil company at the end of 2017Q2, valued at $53.61M, up from 524,763 at the end of the previous reported quarter. Everence Capital Management Inc who had been investing in Phillips 66 Ord for a number of months, seems to be bullish on the $47.81B market cap company. This buyback authorization permits the oil and gas company to repurchase shares of its stock through open market purchases.

Phillips 66 (NYSE:PSX) has shown an EPS growth of -17.10% in the last 5 years and sales growth of -15.40% for the same year while for the next 5 years; the EPS growth estimates -13.25%.Along with this Sales growth yoy (quarter over quarter) was considered as 8.90%. It has underperformed by 15.93% the S&P500.

Phillips 66 (PSX) traded up 0.35% on Tuesday, reaching $93.65. Therefore 44% are positive. Vectren Corp had 6 analyst reports since September 5, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Friday, September 18 by Oppenheimer. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. The Tennessee-based Lee Danner And Bass has invested 0.14% in Phillips 66 (NYSE:PSX). Deutsche Bank has "Hold" rating and $11 target. Barclays Capital maintained it with "Equal-Weight" rating and $89 target in Wednesday, August 2 report. The firm has "Overweight" rating given on Monday, November 2 by Barclays Capital. (The) upgraded shares of Phillips 66 from a "neutral" rating to a "buy" rating and raised their price target for the company from $88.00 to $109.00 in a report on Tuesday, October 3rd. Colony Grp Limited Liability owns 17,900 shares or 0.11% of their U.S. portfolio.

Investors sentiment increased to 0.85 in Q2 2017. Its up 0.03, from 0.82 in 2017Q1. It improved, as 50 investors sold PSX shares while 381 reduced holdings. 349.91 million shares or 0.58% less from 351.94 million shares in 2017Q1 were reported.

Phillips 66 (NYSE:PSX) last issued its quarterly earnings data on Tuesday, August 1st. Howard Weil upgraded shares of Phillips 66 from a "sector perform" rating to an "outperform" rating and raised their price target for the company from $86.00 to $98.00 in a report on Thursday, September 28th. This dividend represents a yield of $3.02 which is the dividend as a percentage of the current share price. Moreover, Capital Returns Management Llc has 10.53% invested in the company for 707,980 shares. Howland Limited accumulated 4,773 shares or 0.03% of the stock. Fulton Retail Bank Na holds 0.02% of its portfolio in Phillips 66 (NYSE:PSX) for 3,690 shares. Bancorp Pictet And Cie (Asia) Ltd reported 4,500 shares or 0.18% of all its holdings. Parkwood Llc owns 0.23% invested in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 98,897 shares. Alexandria Cap Ltd Liability Corp has invested 0.01% of its portfolio in Phillips 66 (NYSE:PSX). Wellington Shields Mgmt Limited Liability Corporation owns 7,137 shares. Tiedemann Wealth Management Ltd Co has invested 0.14% of its portfolio in Phillips 66 (NYSE:PSX). Argi stated it has 0.15% of its portfolio in Phillips 66 (NYSE:PSX). Guggenheim Cap Ltd Com holds 208,344 shares or 0.09% of its portfolio. It also reduced its holding in Lkq Corp (NASDAQ:LKQ) by 9,537 shares in the quarter, leaving it with 169,167 shares, and cut its stake in Rice Midstream Partners Lp. About 16 shares traded. It has outperformed by 7.38% the S&P500.

Analysts await Morgan Stanley (NYSE:MS) to report earnings on October, 18. They expect $1.75 EPS, up 66.67% or $0.70 from last year's $1.05 per share. PSX's profit would be $895.21 million giving it 13.36 P/E if the $1.75 EPS is correct.

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