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MGP Ingredients Inc has a consensus price target of $73.5 based on the ratings of 8 analysts. The high is $126 issued by Wells Fargo on August 15, 2022. The low is $35 issued by Truist Securities on April 24, 2025. The 3 most-recent analyst ratings were released by Truist Securities, Wells Fargo, and Lake Street on April 24, 2025, April 2, 2025, and February 27, 2025, respectively. With an average price target of $39 between Truist Securities, Wells Fargo, and Lake Street, there's an implied 32.11% upside for MGP Ingredients Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
04/24/2025 | Buy Now | 18.56% | Truist Securities | Bill Chappell46% | $40 → $35 | Maintains | Buy | Get Alert |
04/02/2025 | Buy Now | 25.34% | Wells Fargo | Marc Torrente25% | $40 → $37 | Maintains | Overweight | Get Alert |
02/27/2025 | Buy Now | 52.44% | Lake Street | Ben Klieve44% | $55 → $45 | Upgrade | Hold → Buy | Get Alert |
01/07/2025 | Buy Now | 49.05% | Wells Fargo | Marc Torrente25% | $58 → $44 | Maintains | Overweight | Get Alert |
12/23/2024 | Buy Now | 103.25% | Roth MKM | Sean McGowan47% | $65 → $60 | Maintains | Buy | Get Alert |
11/06/2024 | Buy Now | 69.38% | TD Cowen | Robert Moskow66% | $66 → $50 | Downgrade | Buy → Hold | Get Alert |
11/04/2024 | Buy Now | 120.19% | Roth MKM | Sean McGowan47% | $69 → $65 | Maintains | Buy | Get Alert |
11/01/2024 | Buy Now | 154.07% | Truist Securities | Bill Chappell46% | $85 → $75 | Maintains | Buy | Get Alert |
10/22/2024 | Buy Now | 187.94% | Truist Securities | Bill Chappell46% | $95 → $85 | Maintains | Buy | Get Alert |
10/18/2024 | Buy Now | 198.1% | Roth MKM | Sean McGowan47% | $92 → $88 | Maintains | Buy | Get Alert |
10/18/2024 | Buy Now | 154.07% | Lake Street | Ben Klieve44% | → $75 | Downgrade | Buy → Hold | Get Alert |
10/16/2024 | Buy Now | 221.82% | Truist Securities | Bill Chappell46% | $125 → $95 | Maintains | Buy | Get Alert |
07/25/2024 | Buy Now | 211.65% | Roth MKM | Sean McGowan47% | $92 → $92 | Maintains | Buy | Get Alert |
05/03/2024 | Buy Now | 211.65% | Roth MKM | Sean McGowan47% | $95 → $92 | Maintains | Buy | Get Alert |
04/29/2024 | Buy Now | 306.5% | Wedbush | Gerald Pascarelli44% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
04/25/2024 | Buy Now | 221.82% | Roth MKM | Sean McGowan47% | $100 → $95 | Maintains | Buy | Get Alert |
04/10/2024 | Buy Now | 306.5% | Wedbush | Gerald Pascarelli44% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
03/22/2024 | Buy Now | 306.5% | Wedbush | Gerald Pascarelli44% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
02/15/2024 | Buy Now | 357.32% | Wedbush | Gerald Pascarelli44% | $135 → $135 | Reiterates | Outperform → Outperform | Get Alert |
09/06/2023 | Buy Now | 374.25% | Truist Securities | Bill Chappell46% | → $140 | Reiterates | Buy → Buy | Get Alert |
08/07/2023 | Buy Now | 374.25% | Truist Securities | Bill Chappell46% | $125 → $140 | Maintains | Buy | Get Alert |
07/14/2023 | Buy Now | 323.44% | Truist Securities | Bill Chappell46% | → $125 | Reiterates | Buy → Buy | Get Alert |
05/18/2023 | Buy Now | 333.6% | Wedbush | Gerald Pascarelli44% | → $128 | Reiterates | Outperform → Outperform | Get Alert |
02/02/2023 | Buy Now | 299.73% | Wells Fargo | Marc Torrente25% | $128 → $118 | Maintains | Overweight | Get Alert |
11/04/2022 | Buy Now | 333.6% | Wells Fargo | Marc Torrente25% | $126 → $128 | Maintains | Overweight | Get Alert |
10/11/2022 | Buy Now | 323.44% | Wedbush | Gerald Pascarelli44% | → $125 | Initiates | → Outperform | Get Alert |
08/15/2022 | Buy Now | 326.83% | Wells Fargo | Finian O'Shea63% | → $126 | Initiates | → Overweight | Get Alert |
06/30/2022 | Buy Now | 289.57% | Roth Capital | Sean McGowan47% | → $115 | Initiates | → Buy | Get Alert |
The latest price target for MGP Ingredients (NASDAQ:MGPI) was reported by Truist Securities on April 24, 2025. The analyst firm set a price target for $35.00 expecting MGPI to rise to within 12 months (a possible 18.56% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for MGP Ingredients (NASDAQ:MGPI) was provided by Truist Securities, and MGP Ingredients maintained their buy rating.
The last upgrade for MGP Ingredients Inc happened on February 27, 2025 when Lake Street raised their price target to $45. Lake Street previously had a hold for MGP Ingredients Inc.
The last downgrade for MGP Ingredients Inc happened on November 6, 2024 when TD Cowen changed their price target from $66 to $50 for MGP Ingredients Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGP Ingredients, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MGP Ingredients was filed on April 24, 2025 so you should expect the next rating to be made available sometime around April 24, 2026.
While ratings are subjective and will change, the latest MGP Ingredients (MGPI) rating was a maintained with a price target of $40.00 to $35.00. The current price MGP Ingredients (MGPI) is trading at is $29.52, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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