MPLX LP has a consensus price target of $40.59, established from looking at the 42 latest analyst ratings. The last 3 analyst ratings were released from UBS, Barclays, and UBS on April 12, 2024, April 5, 2024, and March 1, 2024. With an average price target of $46 between UBS, Barclays, and UBS, there's an implied 9.47% upside for MPLX LP from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/12/2024 | MPLX | Buy Now | MPLX | $42.02 | 16.61% | UBS | Brian Reynolds | $46 → $49 | Maintains | Buy | Get Alert |
04/05/2024 | MPLX | Buy Now | MPLX | $42.02 | 2.33% | Barclays | Christine Cho | $40 → $43 | Maintains | Overweight | Get Alert |
03/01/2024 | MPLX | Buy Now | MPLX | $42.02 | 9.47% | UBS | Joseph Parkhill | $44 → $46 | Maintains | Buy | Get Alert |
01/31/2024 | MPLX | Buy Now | MPLX | $42.02 | 7.09% | Raymond James | Justin Jenkins | $44 → $45 | Maintains | Outperform | Get Alert |
01/31/2024 | MPLX | Buy Now | MPLX | $42.02 | 9.47% | RBC Capital | Elvira Scotto | $45 → $46 | Maintains | Outperform | Get Alert |
10/06/2023 | MPLX | Buy Now | MPLX | $42.02 | -4.81% | Goldman Sachs | John Mackay | → $40 | Reinstates | → Buy | Get Alert |
08/16/2023 | MPLX | Buy Now | MPLX | $42.02 | -0.05% | Stifel | Selman Akyol | $40 → $42 | Maintains | Buy | Get Alert |
07/21/2023 | MPLX | Buy Now | MPLX | $42.02 | 4.71% | Raymond James | Justin Jenkins | $42 → $44 | Maintains | Outperform | Get Alert |
07/20/2023 | MPLX | Buy Now | MPLX | $42.02 | -0.05% | Morgan Stanley | Robert Kad | $42 → $42 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/12/2023 | MPLX | Buy Now | MPLX | $42.02 | -14.33% | Citigroup | Spiro Dounis | → $36 | Reiterates | Neutral → Neutral | Get Alert |
07/11/2023 | MPLX | Buy Now | MPLX | $42.02 | -0.05% | Morgan Stanley | Robert Kad | $42 → $42 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
05/03/2023 | MPLX | Buy Now | MPLX | $42.02 | -0.05% | Raymond James | Justin Jenkins | $40 → $42 | Maintains | Outperform | Get Alert |
04/25/2023 | MPLX | Buy Now | MPLX | $42.02 | -0.05% | Morgan Stanley | Robert Kad | $41 → $42 | Maintains | Equal-Weight | Get Alert |
04/21/2023 | MPLX | Buy Now | MPLX | $42.02 | -4.81% | Raymond James | Justin Jenkins | $41 → $40 | Maintains | Outperform | Get Alert |
04/05/2023 | MPLX | Buy Now | MPLX | $42.02 | -9.57% | Barclays | Theresa Chen | $37 → $38 | Maintains | Overweight | Get Alert |
03/14/2023 | MPLX | Buy Now | MPLX | $42.02 | -2.43% | JP Morgan | Jeremy Tonet | $37 → $41 | Upgrade | Neutral → Overweight | Get Alert |
02/07/2023 | MPLX | Buy Now | MPLX | $42.02 | -16.71% | Citigroup | Spiro Dounis | $33.5 → $35 | Maintains | Neutral | Get Alert |
02/01/2023 | MPLX | Buy Now | MPLX | $42.02 | -2.43% | Raymond James | Justin Jenkins | $40 → $41 | Maintains | Outperform | Get Alert |
01/09/2023 | MPLX | Buy Now | MPLX | $42.02 | -2.43% | Morgan Stanley | Robert Kad | $39 → $41 | Maintains | Equal-Weight | Get Alert |
The latest price target for MPLX (NYSE: MPLX) was reported by UBS on April 12, 2024. The analyst firm set a price target for $49.00 expecting MPLX to rise to within 12 months (a possible 16.61% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for MPLX (NYSE: MPLX) was provided by UBS, and MPLX maintained their buy rating.
The last upgrade for MPLX LP happened on March 14, 2023 when JP Morgan raised their price target to $41. JP Morgan previously had a neutral for MPLX LP.
The last downgrade for MPLX LP happened on July 16, 2021 when Wolfe Research changed their price target from N/A to N/A for MPLX LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MPLX, 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 MPLX was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
While ratings are subjective and will change, the latest MPLX (MPLX) rating was a maintained with a price target of $46.00 to $49.00. The current price MPLX (MPLX) is trading at is $42.02, which is out of the analyst’s predicted range.
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