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MGP Ingredients Analyst Ratings

MGPINASDAQ
Logo brought to you by Benzinga Data
$29.52
-0.96-3.15%
At close: -
$29.52
0.000.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$126.00
Lowest Price Target1
$35.00
Consensus Price Target1
$73.50

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

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.

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

Analyst Firms Making Recommendations1

Truist Securities
Wells Fargo
Lake Street
Roth MKM
TD Cowen

1calculated from analyst ratings

Analyst Ratings for MGP Ingredients

Buy NowGet Alert
04/24/2025Buy Now18.56%Truist Securities
Bill Chappell46%
$40 → $35MaintainsBuyGet Alert
04/02/2025Buy Now25.34%Wells Fargo
Marc Torrente25%
$40 → $37MaintainsOverweightGet Alert
02/27/2025Buy Now52.44%Lake Street
Ben Klieve44%
$55 → $45UpgradeHold → BuyGet Alert
01/07/2025Buy Now49.05%Wells Fargo
Marc Torrente25%
$58 → $44MaintainsOverweightGet Alert
12/23/2024Buy Now103.25%Roth MKM
Sean McGowan47%
$65 → $60MaintainsBuyGet Alert
11/06/2024Buy Now69.38%TD Cowen
Robert Moskow66%
$66 → $50DowngradeBuy → HoldGet Alert
11/04/2024Buy Now120.19%Roth MKM
Sean McGowan47%
$69 → $65MaintainsBuyGet Alert
11/01/2024Buy Now154.07%Truist Securities
Bill Chappell46%
$85 → $75MaintainsBuyGet Alert
10/22/2024Buy Now187.94%Truist Securities
Bill Chappell46%
$95 → $85MaintainsBuyGet Alert
10/18/2024Buy Now198.1%Roth MKM
Sean McGowan47%
$92 → $88MaintainsBuyGet Alert
10/18/2024Buy Now154.07%Lake Street
Ben Klieve44%
→ $75DowngradeBuy → HoldGet Alert
10/16/2024Buy Now221.82%Truist Securities
Bill Chappell46%
$125 → $95MaintainsBuyGet Alert
07/25/2024Buy Now211.65%Roth MKM
Sean McGowan47%
$92 → $92MaintainsBuyGet Alert
05/03/2024Buy Now211.65%Roth MKM
Sean McGowan47%
$95 → $92MaintainsBuyGet Alert
04/29/2024Buy Now306.5%Wedbush
Gerald Pascarelli44%
$120 → $120ReiteratesOutperform → OutperformGet Alert
04/25/2024Buy Now221.82%Roth MKM
Sean McGowan47%
$100 → $95MaintainsBuyGet Alert
04/10/2024Buy Now306.5%Wedbush
Gerald Pascarelli44%
$120 → $120ReiteratesOutperform → OutperformGet Alert
03/22/2024Buy Now306.5%Wedbush
Gerald Pascarelli44%
$120 → $120ReiteratesOutperform → OutperformGet Alert
02/15/2024Buy Now357.32%Wedbush
Gerald Pascarelli44%
$135 → $135ReiteratesOutperform → OutperformGet Alert
09/06/2023Buy Now374.25%Truist Securities
Bill Chappell46%
→ $140ReiteratesBuy → BuyGet Alert
08/07/2023Buy Now374.25%Truist Securities
Bill Chappell46%
$125 → $140MaintainsBuyGet Alert
07/14/2023Buy Now323.44%Truist Securities
Bill Chappell46%
→ $125ReiteratesBuy → BuyGet Alert
05/18/2023Buy Now333.6%Wedbush
Gerald Pascarelli44%
→ $128ReiteratesOutperform → OutperformGet Alert
02/02/2023Buy Now299.73%Wells Fargo
Marc Torrente25%
$128 → $118MaintainsOverweightGet Alert
11/04/2022Buy Now333.6%Wells Fargo
Marc Torrente25%
$126 → $128MaintainsOverweightGet Alert
10/11/2022Buy Now323.44%Wedbush
Gerald Pascarelli44%
→ $125Initiates → OutperformGet Alert
08/15/2022Buy Now326.83%Wells Fargo
Finian O'Shea63%
→ $126Initiates → OverweightGet Alert
06/30/2022Buy Now289.57%Roth Capital
Sean McGowan47%
→ $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 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.

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 Truist Securities, and MGP Ingredients maintained 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 April 24, 2025 so you should expect the next rating to be made available sometime around April 24, 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 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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