Raymond James analyst Justin Jenkins maintained a Buy rating on Phillips 66 (NYSE:PSX) Common Stock on Monday, setting a price target of $101, which is approximately 22.13% above the present share price of $82.7.
Jenkins expects Phillips 66 Common Stock to post earnings per share (EPS) of -$1.49 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Phillips 66, with an average price target of $95.22.
The analysts price targets range from a high of $101 to a low of $88.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $21.63 billion and a net profit of -$721 million. The company's market cap is $36.21 billion.
According to TipRanks.com, Raymond James analyst Justin Jenkins is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 61.03% success rate.
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.