Comments
Loading...

MGP Ingredients Analyst Ratings

MGPINASDAQ
Logo brought to you by Benzinga Data
$28.97
0.000.00%
Pre-Market: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$126.00
Lowest Price Target1
$44.00
Consensus Price Target1
$79.38

MGP Ingredients Analyst Ratings and Price Targets | NASDAQ:MGPI | Benzinga

MGP Ingredients Inc has a consensus price target of $79.38 based on the ratings of 8 analysts. The high is $126 issued by Wells Fargo on August 15, 2022. The low is $44 issued by Wells Fargo on January 7, 2025. The 3 most-recent analyst ratings were released by Lake Street, Wells Fargo, and Roth MKM on February 27, 2025, January 7, 2025, and December 23, 2024, respectively. With an average price target of $49.67 between Lake Street, Wells Fargo, and Roth MKM, there's an implied 71.44% upside for MGP Ingredients Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Oct 24
2
Nov 24
1
Dec 24
1
Jan
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Lake Street
Wells Fargo
Roth MKM
TD Cowen
Truist Securities

1calculated from analyst ratings

Analyst Ratings for MGP Ingredients

Buy NowGet Alert
02/27/2025Buy Now55.33%Lake Street
Ben Klieve38%
$55 → $45UpgradeHold → BuyGet Alert
01/07/2025Buy Now51.88%Wells Fargo
Marc Torrente18%
$58 → $44MaintainsOverweightGet Alert
12/23/2024Buy Now107.11%Roth MKM
Sean McGowan43%
$65 → $60MaintainsBuyGet Alert
11/06/2024Buy Now72.59%TD Cowen
Robert Moskow67%
$66 → $50DowngradeBuy → HoldGet Alert
11/04/2024Buy Now124.37%Roth MKM
Sean McGowan43%
$69 → $65MaintainsBuyGet Alert
11/01/2024Buy Now158.89%Truist Securities
Bill Chappell46%
$85 → $75MaintainsBuyGet Alert
10/22/2024Buy Now193.41%Truist Securities
Bill Chappell46%
$95 → $85MaintainsBuyGet Alert
10/18/2024Buy Now203.76%Roth MKM
Sean McGowan43%
$92 → $88MaintainsBuyGet Alert
10/18/2024Buy Now158.89%Lake Street
Ben Klieve38%
→ $75DowngradeBuy → HoldGet Alert
10/16/2024Buy Now227.93%Truist Securities
Bill Chappell46%
$125 → $95MaintainsBuyGet Alert
07/25/2024Buy Now217.57%Roth MKM
Sean McGowan43%
$92 → $92MaintainsBuyGet Alert
05/03/2024Buy Now217.57%Roth MKM
Sean McGowan43%
$95 → $92MaintainsBuyGet Alert
04/29/2024Buy Now314.22%Wedbush
Gerald Pascarelli43%
$120 → $120ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now227.93%Roth MKM
Sean McGowan43%
$100 → $95MaintainsBuyGet Alert
04/10/2024Buy Now314.22%Wedbush
Gerald Pascarelli43%
$120 → $120ReiteratesOutperform → OutperformGet Alert
03/22/2024Buy Now314.22%Wedbush
Gerald Pascarelli43%
$120 → $120ReiteratesOutperform → OutperformGet Alert
02/15/2024Buy Now366%Wedbush
Gerald Pascarelli43%
$135 → $135ReiteratesOutperform → OutperformGet Alert
09/06/2023Buy Now383.26%Truist Securities
Bill Chappell46%
→ $140ReiteratesBuy → BuyGet Alert
08/07/2023Buy Now383.26%Truist Securities
Bill Chappell46%
$125 → $140MaintainsBuyGet Alert
07/14/2023Buy Now331.48%Truist Securities
Bill Chappell46%
→ $125ReiteratesBuy → BuyGet Alert
05/18/2023Buy Now341.84%Wedbush
Gerald Pascarelli43%
→ $128ReiteratesOutperform → OutperformGet Alert
02/02/2023Buy Now307.32%Wells Fargo
Marc Torrente18%
$128 → $118MaintainsOverweightGet Alert
11/04/2022Buy Now341.84%Wells Fargo
Marc Torrente18%
$126 → $128MaintainsOverweightGet Alert
10/11/2022Buy Now331.48%Wedbush
Gerald Pascarelli43%
→ $125Initiates → OutperformGet Alert
08/15/2022Buy Now334.93%Wells Fargo
Finian O'Shea64%
→ $126Initiates → OverweightGet Alert
06/30/2022Buy Now296.96%Roth Capital
Sean McGowan43%
→ $115Initiates → BuyGet Alert

FAQ

Q

What is the target price for MGP Ingredients (MGPI) stock?

A

The latest price target for MGP Ingredients (NASDAQ:MGPI) was reported by Lake Street on February 27, 2025. The analyst firm set a price target for $45.00 expecting MGPI to rise to within 12 months (a possible 55.33% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MGP Ingredients (MGPI)?

A

The latest analyst rating for MGP Ingredients (NASDAQ:MGPI) was provided by Lake Street, and MGP Ingredients upgraded their buy rating.

Q

When was the last upgrade for MGP Ingredients (MGPI)?

A

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.

Q

When was the last downgrade for MGP Ingredients (MGPI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for MGP Ingredients (MGPI)?

A

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 February 27, 2025 so you should expect the next rating to be made available sometime around February 27, 2026.

Q

Is the Analyst Rating MGP Ingredients (MGPI) correct?

A

While ratings are subjective and will change, the latest MGP Ingredients (MGPI) rating was a upgraded with a price target of $55.00 to $45.00. The current price MGP Ingredients (MGPI) is trading at is $28.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch