PSXP Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for PSXP, the DDM model, as implemented by StockNews, implies a positive return of 232.47% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Phillips 66 Partners Lp are:

• Relative to all dividend yielding stocks in our set, Phillips 66 Partners Lp's dividend yield of 15.34% is in the top 1.65000000000001%.
• Phillips 66 Partners Lp's dividend growth rate is greater than 90.29% of its fellow large-sized market cap stocks that issue dividends.
• In comparison to other stocks in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 92.17% of companies in the same revenue class.

PSXP Dividends vs. Peers