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MGP Ingredients

MGPINASDAQ
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$84.24
-0.23-0.27%
At Close: -
$84.24
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$140.00
Lowest Price Target1
$92.00
Consensus Price Target1
$113.75

MGP Ingredients (NASDAQ:MGPI) Stock, Analyst Ratings, Price Targets, Forecasts

MGP Ingredients Inc has a consensus price target of $113.75 based on the ratings of 8 analysts. The high is $140 issued by Truist Securities on September 6, 2023. The low is $92 issued by Roth MKM on July 25, 2024. The 3 most-recent analyst ratings were released by Roth MKM, Roth MKM, and Wedbush on July 25, 2024, May 3, 2024, and April 29, 2024, respectively. With an average price target of $101.33 between Roth MKM, Roth MKM, and Wedbush, there's an implied 20.29% upside for MGP Ingredients Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
2
Apr
0
0
0
0
May
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Roth MKM
Wedbush
Truist Securities
Wells Fargo
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for MGP Ingredients

Data brought to you by Benzinga APIs

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 Roth MKM on July 25, 2024. The analyst firm set a price target for $92.00 expecting MGPI to rise to within 12 months (a possible 9.21% upside). 7 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 Roth MKM, 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 November 29, 2021 when Truist Securities raised their price target to $100. Truist Securities previously had a hold for MGP Ingredients Inc.

Q

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

A

There is no last downgrade for MGP Ingredients.

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 July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

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 $92.00 to $92.00. The current price MGP Ingredients (MGPI) is trading at is $84.24, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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