MGP Ingredients (MGPI) Stock Forecast & Price Target → Was the Great Financial Crisis fun? (From Brooks Enterprises) (Ad) Free MGPI Stock Alerts $76.10 +0.08 (+0.11%) (As of 06/4/2024 ET) Add Compare Share Share Analyst ForecastsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends MGP Ingredients - Analysts' Recommendations and Stock Price Forecast (2024)How MarketBeat Calculates Price Target and Consensus RatingMarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating BuyBased on 3 Analyst Ratings Consensus Price Target $117.3354.18% UpsideHigh Forecast$140.00Average Forecast$117.33Low Forecast$92.00 TypeCurrent Forecast6/5/23 to 6/4/241 Month Ago5/6/23 to 5/5/243 Months Ago3/7/23 to 3/6/241 Year Ago6/5/22 to 6/5/23Consensus RatingBuyBuyBuyBuyStrong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy3 Buy rating(s)3 Buy rating(s)2 Buy rating(s)3 Buy rating(s)Hold0 Hold rating(s)0 Hold rating(s)0 Hold rating(s)0 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$117.33$117.33$137.50$124.50Forecasted Upside54.18% Upside27.75% Upside36.85% Upside21.60% Upside Get MGP Ingredients Upgrade and Downgrade Alerts Sign-up to receive the latest news and ratings for MGPI and its competitors with MarketBeat's FREE daily newsletter. Email Address Ad The Oxford ClubAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years. See His Breakdown of the Seven Stocks You Should Own Here. MGPI Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History MGPI Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table MGP Ingredients Stock vs. The CompetitionTypeMGP IngredientsConsumer Staples CompaniesS&P 500Consensus Rating Score3.002.452.49Consensus RatingBuyHoldHoldPredicted Upside54.18% Upside696.63% Upside10.91% UpsideNews Sentiment RatingNeutral NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame * Start Date * End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails5/3/2024Roth MkmSubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetBuy ➝ Buy$95.00 ➝ $92.00+15.09%4/29/2024WedbushSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingOutperform ➝ Outperform$120.00+48.99%9/6/2023Truist FinancialSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingBuy ➝ Buy$140.00+21.69%2/2/2023Wells Fargo & CompanySubscribe to MarketBeat All Access for the recommendation accuracy rating Lower TargetOverweight$128.00 ➝ $118.00+20.57%11/4/2022Lake Street CapitalSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost Target$125.00 ➝ $140.00+26.09%6/30/2022Roth CapitalSubscribe to MarketBeat All Access for the recommendation accuracy ratingS. McgowanSubscribe to MarketBeat All Access for the recommendation accuracy ratingInitiated CoverageBuy$115.00+15.00%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:22 PM ET. MGPI Frequently Asked Questions What is MGP Ingredients's stock forecast and purchase recommendation? According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for MGP Ingredients is $117.33, with a high forecast of $140.00 and a low forecast of $92.00. The consensus rating for MGP Ingredients stock is Buy based on the current 3 buy ratings for MGPI. Learn more on MGPI's analyst rating history. Do Wall Street analysts like MGP Ingredients more than its competitors? Analysts like MGP Ingredients more than other "consumer staples" companies. The consensus rating for MGP Ingredients is Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how MGPI compares to other companies. Does MGP Ingredients's stock price have much upside? According to analysts, MGP Ingredients's stock has a predicted upside of 27.75% based on their 12-month stock forecasts. What analysts cover MGP Ingredients? MGP Ingredients has been rated by research analysts at Roth Mkm, and Wedbush in the past 90 days. Stock Forecasts and Research Tools Related Companies: FRPT Stock Forecast POST Stock Forecast BROS Stock Forecast LANC Stock Forecast OLLI Stock Forecast FLO Stock Forecast RH Stock Forecast BRFS Stock Forecast IPAR Stock Forecast SMPL Stock Forecast Today's Ratings: U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks: Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools: Stock Ratings by Company Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter This page (NASDAQ:MGPI) was last updated on 6/4/2024 by MarketBeat.com Staff From Our PartnersWas the Great Financial Crisis fun?The Great Financial Crisis, which actually started in the summer of 2007 and did not end until March of 2009, ...Brooks Enterprises| SponsoredCollapse of the Petrodollar The death of the "petrodollar" seems imminent. 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