NYSE:MMP - Magellan Midstream Partners Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $59.30 -0.83 (-1.38 %) (As of 02/21/2019 06:00 AM ET)Previous Close$60.13Today's Range$59.25 - $60.1752-Week Range$54.25 - $72.90Volume887,966 shsAverage Volume1.09 million shsMarket Capitalization$13.54 billionP/E Ratio13.95Dividend Yield6.64%Beta0.85 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Magellan Midstream Partners (NYSE:MMP) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) 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 $71.7647, suggesting that the stock has a possible upside of 21.02%. The high price target for MMP is $85.00 and the low price target for MMP is $56.00. There are currently 2 sell ratings, 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: HoldHoldHoldHoldConsensus Rating Score: 2.222.282.182.14Ratings Breakdown: 2 Sell Rating(s)10 Hold Rating(s)6 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)11 Hold Rating(s)6 Buy Rating(s)0 Strong Buy Rating(s)2 Sell Rating(s)10 Hold Rating(s)5 Buy Rating(s)0 Strong Buy Rating(s)3 Sell Rating(s)6 Hold Rating(s)5 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $71.7647$73.8125$74.3333$74.8333Price Target Upside: 21.02% upside19.34% upside19.82% upside5.91% upsideMagellan Midstream Partners (NYSE:MMP) Consensus Price Target History Magellan Midstream Partners (NYSE:MMP) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails2/11/2019Credit Suisse GroupLower Price TargetNeutral$76.00 ➝ $68.00Low2/5/2019Evercore ISIInitiated CoverageOutperformLow2/2/2019CitigroupSet Price TargetBuy$70.00Low2/1/2019Wolfe ResearchDowngradeUnderperform$56.00Low1/28/2019Jefferies Financial GroupDowngradeBuy ➝ HoldLow1/18/2019SunTrust BanksInitiated CoverageHold ➝ Hold$65.00 ➝ $65.00Low11/28/2018MizuhoInitiated CoverageNeutral$67.00Low11/6/2018Wells Fargo & CoLower Price TargetMarket Perform ➝ Market Perform$74.00 ➝ $72.00Low11/5/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$71.00 ➝ $77.00Low11/2/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$74.00 ➝ $70.00Low11/2/2018Stifel NicolausSet Price TargetHold$67.00Low10/8/2018Goldman Sachs GroupDowngradeBuy ➝ Neutral$76.00Low7/13/2018BMO Capital MarketsReiterated RatingBuy$85.00Low4/19/2018Deutsche BankInitiated CoverageHold$70.00Low4/9/2018Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$79.00Medium3/16/2018Morgan StanleyLower Price TargetUnderweight ➝ Underweight$73.00 ➝ $69.00Low3/13/2018JPMorgan Chase & Co.Reiterated RatingNeutral ➝ Neutral$78.00 ➝ $75.00Low3/2/2018UBS GroupBoost Price TargetBuy ➝ Buy$80.00 ➝ $81.00Low2/2/2018Mitsubishi UFJ Financial GroupReiterated RatingNeutralMedium4/21/2017MacquarieInitiated CoverageNeutral$80.00Low(Data available from 2/21/2017 forward) This page was last updated on 2/21/2019 by MarketBeat.com StaffFeatured Article: What is the return on assets formula?