Log in

Magellan Midstream Partners Price Target, Predictions & Analyst Ratings

+0.14 (+0.41 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $33.89
50-Day Range
MA: $38.68
52-Week Range
Now: $33.89
Volume2.14 million shs
Average Volume1.63 million shs
Market Capitalization$7.63 billion
P/E Ratio7.90
Dividend Yield12.18%

Analyst Ratings

Magellan Midstream Partners (NYSE:MMP) Price Target and Consensus Rating

MarketBeat 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
18 Wall Street analysts have issued ratings and price targets for Magellan Midstream Partners in the last 12 months. Their average twelve-month price target is $51.11, predicting that the stock has a possible upside of 50.81%. The high price target for MMP is $59.00 and the low price target for MMP is $42.00. There are currently 2 hold ratings and 16 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
MMP Consensus Rating: BuyBuyBuyBuy
MMP Consensus Rating Score: 2.892.892.882.80
MMP Analyst Ratings: 0 Sell Rating(s)
2 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
MMP Consensus Price Target: $51.11$51.39$53.76$59.60
MMP Price Target Upside: 50.81% upside25.71% upside18.56% upside77.33% upside

Magellan Midstream Partners (NYSE:MMP) Consensus Price Target History

Average Share Price and Price Target by Month

The 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.

Magellan Midstream Partners (NYSE:MMP) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/25/2020Morgan StanleyLower Price TargetOverweight$55.00 ➝ $50.00Low
8/3/2020CitigroupLower Price TargetBuy$66.00 ➝ $46.00Low
7/22/2020Wells Fargo & CompanyBoost Price TargetOverweight$54.00 ➝ $57.00Low
7/21/2020Raymond JamesBoost Price TargetOutperform$50.00 ➝ $51.00Low
7/17/2020BarclaysReiterated RatingBuy$48.00Low
6/30/2020TD SecuritiesInitiated CoverageBuy$55.00High
6/15/2020Evercore ISIInitiated CoverageBuy$55.00Medium
6/9/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$46.00High
5/10/2020Royal Bank of CanadaReiterated RatingBuy$50.00Low
5/7/2020Credit Suisse GroupBoost Price TargetOutperform$42.00 ➝ $48.00Medium
5/4/2020Stifel NicolausLower Price TargetBuy$58.00 ➝ $56.00High
4/14/2020Jefferies Financial GroupUpgradeHold ➝ Buy$66.00 ➝ $56.00Low
3/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$42.00Low
3/27/2020Goldman Sachs GroupLower Price TargetBuy$54.00 ➝ $53.00Low
3/27/2020MizuhoLower Price TargetNeutral$68.00 ➝ $43.00Medium
3/25/2020UBS GroupLower Price TargetBuy$56.00 ➝ $55.00High
3/25/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$75.00 ➝ $59.00High
3/23/2020SunTrust BanksUpgradeHold ➝ Buy$65.00 ➝ $50.00High
1/8/2020Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
5/30/2019Johnson RiceInitiated CoverageAccumulate$71.00Low
3/26/2019LADENBURG THALM/SH SHSet Price TargetBuy$75.00Low
4/19/2018Deutsche BankInitiated CoverageHold$70.00Low
2/2/2018Mitsubishi UFJ Financial GroupReiterated RatingNeutralMedium
(Data available from 9/26/2018 forward)
This page was last updated on 9/26/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.