In a report released today, Michael Blum from Wells Fargo maintained a Hold rating on Phillips 66 Partners (PSXP). The company’s shares closed last Monday at $62.26, close to its 52-week high of $65.23.
According to TipRanks.com, Blum is a 4-star analyst with an average return of 8.7% and a 56.8% success rate. Blum covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Holly Energy Partners.
Phillips 66 Partners has an analyst consensus of Moderate Buy, with a price target consensus of $64.00.
See today’s analyst top recommended stocks >>
The company has a one-year high of $65.23 and a one-year low of $47.34. Currently, Phillips 66 Partners has an average volume of 470.6K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Phillips 66 Partners LP engages in the ownership, operation, development, and acquisition of fee-based crude oil, refined petroleum product and natural gas liquids pipelines and terminals, and other transportation and midstream assets. It also provides terminals and storages for oil and petroleum products.
Read More on PSXP:
