Marathon Petroleum (MPC)
(Delayed Data from NYSE)
$175.83 USD
+1.68 (0.96%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $175.91 +0.08 (0.05%) 7:58 PM ET
4-Sell of 5 4
B Value D Growth F Momentum C VGM
Marathon Petroleum (MPC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$195.75 | $232.00 | $168.00 | 12.40% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Marathon Petroleum comes to $195.75. The forecasts range from a low of $168.00 to a high of $232.00. The average price target represents an increase of 12.4% from the last closing price of $174.15.
Analyst Price Targets (16)
Broker Rating
Marathon Petroleum currently has an average brokerage recommendation (ABR) of 1.59 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.63 a month ago based on 16 recommendations.
Of the 17 recommendations deriving the current ABR, 12 are Strong Buy, representing 70.59% of all recommendations. A month ago, Strong Buy represented 68.75%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 12 | 12 | 11 | 11 | 10 |
Buy | 0 | 0 | 0 | 0 | 1 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.59 | 1.59 | 1.63 | 1.63 | 1.69 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/7/2024 | Cowen & Co. | Jason Gabelman | Strong Buy | Strong Buy |
8/7/2024 | Mizuho SecuritiesUSA | Nitin Kumar | Hold | Hold |
8/6/2024 | Goldman Sachs | Neil S Mehta | Strong Buy | Strong Buy |
7/18/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/12/2024 | Wells Fargo Securities | Roger D Read | Strong Buy | Strong Buy |
7/12/2024 | Scotiabank | Paul Y Cheng | Strong Buy | Strong Buy |
7/10/2024 | Not Identified | Not Identified | Hold | Hold |
6/14/2024 | Piper Sandler | Ryan M Todd | Hold | Hold |
5/30/2024 | Tudor Pickering Holt & Co. | Matthew Blair | Not Available | Strong Buy |
5/30/2024 | Raymond James | Justin Jenkins | Strong Buy | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Strong Buy | Hold |
5/13/2024 | BMO Capital Markets | Phillip J Jungwirth | Strong Buy | Strong Buy |
5/6/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/5/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/2/2024 | UBS | Manav Gupta | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.59 |
ABR (Last week) | 1.59 |
# of Recs in ABR | 17 |
Average Target Price | $195.75 |
LT Growth Rate | 6.00% |
Industry | Oil and Gas - Refining and Marketing |
Industry Rank by ABR | 225 of 253 |
Current Quarter EPS Est: | 3.70 |