Analysts Offer Insights on Energy Companies: Phillips 66 (PSX) and LandBridge Company LLC Class A (LB)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Phillips 66 (PSX) and LandBridge Company LLC Class A (LB).
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Phillips 66 (PSX)
In a report released today, Paul Cheng from Scotiabank maintained a Hold rating on Phillips 66, with a price target of $140.00. The company’s shares closed last Thursday at $178.34.
According to TipRanks.com, Cheng is a 4-star analyst with an average return of
Currently, the analyst consensus on Phillips 66 is a Moderate Buy with an average price target of $158.06, implying a -9.4% downside from current levels. In a report issued on March 17, Mizuho Securities also maintained a Hold rating on the stock with a $170.00 price target.
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LandBridge Company LLC Class A (LB)
Goldman Sachs analyst John Mackay maintained a Buy rating on LandBridge Company LLC Class A yesterday and set a price target of $84.00. The company’s shares closed last Thursday at $71.05.
According to TipRanks.com, Mackay is a 5-star analyst with an average return of
Currently, the analyst consensus on LandBridge Company LLC Class A is a Moderate Buy with an average price target of $79.00, implying a 1.6% upside from current levels. In a report issued on March 13, TipRanks – xAI also upgraded the stock to Buy with a $80.00 price target.
Read More on PSX:
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- Phillips 66 Secures New $2.25 Billion Term Loan
- Trump Opens U.S. Oil Routes to Foreign Ships as Supply Shock Puts Refiners Stocks in the Spotlight
- Phillips 66 price target raised to $170 from $152 at Mizuho
- Phillips 66 price target raised to $186 from $168 at Goldman Sachs
- Phillips 66 Adds Independent Directors, Strengthens Board Governance
