BMO Capital Markets analysts raised their price target for Phillips 66 (NYSE:PSX) to $125.00 per share.

BMO Capital Markets analysts raised their price target for Phillips 66 in a research note released Thursday (NYSE:PSX). Benzinga was kind enough to provide us with this information. The new price target is $125.00, an increase from the previous price target of $120.00. Additionally, the brokerage that is currently assessing the company’s financial condition has assigned an “outperforming” rating to the oil and gas company. The company assigned this rating. The target price indicates an upside potential of 18.52%, which can be calculated by comparing the current stock price to the target price provided by BMO Capital Markets. The calculation of this potential can be found in the following sentence:

Various groups have been researching the PlayStation X, and the findings that have been uncovered so far have been quite fascinating. According to a research report released Oct. 19 by Jefferies Financial Group, the company has begun hedging Phillips 66 shares. The report was released Wednesday and said the news suggested investors were “holding onto” their existing positions in the company. . They forecast the stock price to reach $105.00 within the next three months. Raymond James raised his price target for Phillips 66 from $115.00 to $130.00 and gave the company’s stock an “outperform” rating in a research report released Thursday. Additionally, the report gave the stock an “outperform” rating. The price target Morgan Stanley set for the Phillips 66 fell from $105.00 to $115.00, but the company retained its “equal weight” rating for its stock. The price target was previously set at $105.00. The price target had been set at $105.00 in the past. Anyone could get their hands on a copy of the research report on Monday. Wells Fargo & Company raised its price target on Phillips 66 from $123.00 to $134.00 in a research report released Thursday, November 3. The Royal Bank of Canada gave shares of Phillips 66 an “outperform” rating in a research report that was made publicly available on Thursday.
Additionally, the bank raised its price target for Phillips 66 shares from the previous price of $119.00 to $131.00 and up from the previous price of $119.00. Additionally, they raised their price target on Phillips 66 from $119.00 to $131.00, an increase from the previous share price of $119.00. This represents an increase from the previous stock price of $119.00. Five analysts gave the stock a “hold” rating, while eleven others gave it a “buy” rating. The stock received a consensus “hold” recommendation from all five research analysts. According to data made available by Bloomberg, the stock is currently rated as having an average recommendation of “Moderate Buy”, with an average price target of $113.63. This information was obtained from the trading platform, which served as the main resource for its collection.
On Thursday, the price of a PSX stock hit $105.47 midway through the trading day. This represents an increase of $1.38 from the price at which trading closed the previous day. Only 28,042 shares were traded within the company, which is significantly lower than the average daily volume of 3,331,063 shares traded within the company. The company’s leverage ratio is 0.51, the current ratio is 1.28, and the quick ratio is 1.02, which is an increase of $1.38 from the price at which the trades had were closed the day before. Only 28,042 shares were traded within the company, which is significantly lower than the average daily volume of 3,331,063 shares traded within the company. The company’s debt ratio is 0.51, the current ratio is 1.28 and the quick ratio is 1.02. All of these numbers should be interpreted in the context of the overall state of the company’s finances. The company’s shares have a price-to-earnings ratio of 0.45, a growth price-to-earnings ratio of 0.45 and a beta value of 1.44. These measures are based on the company’s most recent financial results. All of these metrics are related in some way to the potential future profits of the business. All of these metrics indicate that the stock is priced appropriately at its current state, which is reasonable. The total value of the company’s shares currently traded in the market is currently equal to $50.74 billion. The company’s stock price over the past 50 days has a moving average of $91.71, and the company’s stock price over the past 200 days has a moving average of $91.13. Phillips 66 stock price has seen a wide range of volatility over the past twelve months, with several points seeing it trading between $67.08 and $111.28. Currently, the Phillips 66 stock price is trading at $111.28.

The latest earnings report for Phillips 66, which trades on the New York Stock Exchange under the ticker symbol PSX, was released on Nov. 1, a Tuesday. Shares of Phillips 66 trade on the NYSE under the symbol PSX. The oil and gas company reported earnings per share for the quarter of $6.46, $1.64 higher than the consensus analyst estimate of $4.82 they provided. Analysts had predicted earnings per share of $4.82. When all was said and done, Phillips 66 had a return on equity of 36.44% and the company’s net margin was 3.59%. The company’s earnings per share were $3.18, comparable to the results it had achieved during the same period the previous year. Based on forecasts provided by average stock analysts for the current fiscal year, Phillips 66 is expected to earn an average of $17.93 in earnings per share for the current fiscal year.

In recent weeks, various institutional investors, including hedge funds and other investment vehicles, have changed the proportion of PSX stocks they hold in their portfolios. During the second quarter, WFA of San Diego LLC successfully acquired a new interest in Phillips 66, and that interest amounted to $25,000. To bring the total value of the company’s holdings to $26,000, Dravo Bay LLC spent this amount during the first quarter to acquire a new stake in Phillips 66. This brought the total value of the company’s holdings to $26,000. $. This step was taken by the company’s long-term investment strategy, which calls for quarterly investments. Hallmark Capital Management Inc. increased the size of its holdings in Phillips 66 by a value equivalent to a 62.5% increase from the third quarter. After making an additional purchase of 125 shares during the period, Hallmark Capital Management Inc. now owns a total of 325 shares in the oil and gas company, which are estimated to be worth $26,000. These shares were acquired due to an additional purchase made during the period. A new purchase was made during the period in question, which resulted in the acquisition of these shares. After this latest transaction, the total number of shares held within the company is now 325.
GoalVest Advisory LLC increased its stake in Phillips 66 during the second quarter by purchasing a new stake for $28,000. The transaction took place during the period. Because of this, the total value of their investments in Phillips 66 now stands at $80,000. The business transaction took place during the above period. Heritage Financial Services LLC spent a total of $28,000 during the second quarter to purchase additional shares in Phillips 66. That was the last point to mention, and it was also the most important. After the move was completed, the value of the company’s holdings in Phillips 66 increased by $28,000 as a direct result of this action. Institutional investors and hedge funds own 71.42% of the company’s outstanding shares. The remaining shares are privately held by various investors.

It was in 1866 that the company that would later be known as Phillips 66 was formed. The name of the company therefore comes from that year. Phillips 66 specializes in power generation as well as logistics management. The Company’s activities are divided into four distinct business segments, respectively called Intermediates, Chemicals, Refining and Marketing and Specialties. Midstream, Chemicals, Refining, Marketing and Specialties are the categories that fall under this category (M&S). The Midstream segment is responsible for transporting crude oil in addition to other feedstocks, delivering refined petroleum products to market, providing termination and storage services for crude oil and refined petroleum products, transportation, storage, fractionation, export, and marketing of natural gas liquids, and the gathering, processing, transportation, and marketing of natural gas. In addition, the middle segment is responsible for transporting natural gas. In addition, this division is responsible for the transportation, processing and marketing of natural gas and the gathering of natural gas. Additionally, this division is responsible for gas transportation, gas processing and gas marketing. Natural gas gathering also falls under this division.