Analyst Price Target is $34.57
▼ -5.59% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Phillips 66 Partners in the last 3 months. The average price target is $34.57, with a high forecast of $41.00 and a low forecast of $27.00. The average price target represents a -5.59% upside from the last price of $36.62.
Current Consensus is
The current consensus among 8 contributing investment analysts is to hold stock in Phillips 66 Partners. This rating has held steady since May 2021, when it changed from a Buy consensus rating.
Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, stevedoring, storage, and fractionation of crude oil, refined petroleum products, and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP is a subsidiary of Phillips 66 Project Development Inc.