Phillips 66 stock: Raymond James lifts target to USD 335.00

Published on 10/20/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phillips 66 stock sits 2.89 percent below its high on October 20, 2026. It costs EUR 258.25 on October 20, 2026 at 3:39 p.m. CEST.

Raymond James target increase

Raymond James raised its Phillips 66 target to USD 335.00 on October 19, 2026.
Phillips 66 traded 2.89 percent below its USD 299.39 52-week high on October 20, 2026.
Phillips 66 stock costs EUR 258.25 at Lang & Schwarz on October 20, 2026 at 3:39 p.m. CEST.

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Raymond James raised its Phillips 66 price target from USD 300.00 to USD 335.00 on October 19, 2026, as reported by Markets Insider. The new target stood 15.22 percent above Phillips 66 at USD 290.75 on the NYSE on October 20, 2026 at 9:55 a.m. ET. Phillips 66 was trading at EUR 258.25 at Lang & Schwarz on October 20, 2026 at 3:39 p.m. CEST.

How far above the quote is the target?

The Raymond James target implies 15.22 percent upside from the USD 290.75 NYSE quote. The comparison is notable because the target remains above the current 52-week high of USD 299.39, while the stock was 2.89 percent below that high on October 20, 2026.

Stock sits near its yearly high

Phillips 66 traded within a USD 126.92 to USD 299.39 52-week range as of October 20, 2026. Its market capitalization was USD 116.6 billion, and the trailing price-to-earnings ratio was 16.50 on the same date. The NYSE quote was USD 290.75 at 9:55 a.m. ET, with volume of 187,481 shares.

Dividend terms set a second marker

On October 16, 2026, the Phillips 66 board declared a quarterly dividend of USD 1.33 per share, up USD 0.06 from the previous payout, according to the company's Phillips 66. The payment date is December 1, 2026, for shareholders of record as of November 17, 2026.

What the valuation indicates

The combination of a USD 335.00 target, a USD 116.6 billion market value and a 16.50 trailing price-to-earnings ratio gives investors three distinct reference points. The target is a research view, while the market value and valuation multiple describe the stock's position during the October 20 session.

Phillips 66 stock stays below its high

The stock's position below its 52-week high contrasts with the latest Raymond James target, which is USD 35.61 above the NYSE quote. Phillips 66 also operates across refining, midstream, chemicals and marketing and specialties, giving the company exposure to several energy businesses.

Phillips 66 was trading at EUR 258.25 at Lang & Schwarz on October 20, 2026 at 3:39 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Phillips 66 stock.