Marathon Petroleum (MPC)
(Delayed Data from NYSE)
$177.12 USD
+6.15 (3.60%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $177.14 +0.02 (0.01%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth D Momentum B VGM
Marathon Petroleum (MPC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$193.50 | $213.00 | $168.00 | 13.18% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Marathon Petroleum comes to $193.50. The forecasts range from a low of $168.00 to a high of $213.00. The average price target represents an increase of 13.18% from the last closing price of $170.97.
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 1.59 a month ago based on 17 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 70.59%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/MPC.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 12 | 12 | 12 | 11 | 11 |
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 | 1.59 | 1.63 | 1.65 |
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 |
---|---|---|---|---|
8/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/13/2024 | BMO Capital Markets | Phillip J Jungwirth | Strong Buy | Strong Buy |
8/12/2024 | UBS | Manav Gupta | Strong Buy | Strong Buy |
8/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
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 |
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 | $193.50 |
LT Growth Rate | 6.00% |
Industry | Oil and Gas - Refining and Marketing |
Industry Rank by ABR | 196 of 253 |
Current Quarter EPS Est: | 3.20 |