MPLX LP (MPLX)
(Delayed Data from NYSE)
$44.05 USD
+0.27 (0.62%)
Updated Oct 9, 2024 04:00 PM ET
After-Market: $44.08 +0.03 (0.07%) 7:58 PM ET
1-Strong Buy of 5 1
B Value D Growth C Momentum C VGM
MPLX LP (MPLX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$47.00 | $51.00 | $42.00 | 7.35% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for MPLX LP comes to $47.00. The forecasts range from a low of $42.00 to a high of $51.00. The average price target represents an increase of 7.35% from the last closing price of $43.78.
Analyst Price Targets (13)
Broker Rating
MPLX LP currently has an average brokerage recommendation (ABR) of 1.69 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.75 a month ago based on 12 recommendations.
Of the 13 recommendations deriving the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 61.54% and 15.38% of all recommendations. A month ago, Strong Buy made up 58.33%, while Buy represented 16.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 7 | 7 | 7 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.69 | 1.69 | 1.75 | 1.75 | 1.75 |
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 |
---|---|---|---|---|
9/18/2024 | UBS | Joseph W Parkhill | Strong Buy | Strong Buy |
8/6/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/29/2024 | U.S. Capital Advisors | James Carreker | Hold | Hold |
7/17/2024 | Raymond James | Justin Jenkins | Moderate Buy | Moderate Buy |
7/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/28/2024 | Goldman Sachs | John Mackay | Strong Buy | Strong Buy |
6/17/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
6/4/2024 | Wells Fargo Securities | Michael J Blum | Strong Buy | Strong Buy |
5/2/2024 | Truist Securities | Neal D Dingmann | Strong Buy | Strong Buy |
4/30/2024 | Not Identified | Not Identified | Not Available | 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 | 1.69 |
ABR (Last week) | 1.69 |
# of Recs in ABR | 13 |
Average Target Price | $47.00 |
LT Growth Rate | 8.50% |
Industry | Oil and Gas - Production and Pipelines |
Industry Rank by ABR | 56 of 252 |
Current Quarter EPS Est: | 1.06 |
MPLX FAQs
MPLX LP (MPLX) currently has an average brokerage recommendation (ABR) of 1.69 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for MPLX LP (MPLX) is $47.00. The current on short-term price targets is based on 5 reports.
The forecasts for MPLX LP (MPLX) range from a low of $42 to a high of $51. The average price target represents a increase of $6.70 from the last closing price of $44.05.
The current UPSIDE for MPLX LP (MPLX) is 6.70%
Based on short-term price targets offered by 13 analysts, the average price target for MPLX LP comes to $47.00. The forecasts range from a low of $42.00 to a high of $51.00. The average price target represents an increase of 7.35% from the last closing price of $43.78.