Mplx (MPLX) Stock Forecast & Price Target

$47.28 +1.14 (+2.47%)

(As of 12/20/2024 05:31 PM ET)

Mplx - Analysts' Recommendations and Stock Price Forecast (2025)

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 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

Moderate Buy

Based on 9 Analyst Ratings

Sell
1

Hold
0

Buy
8

Based on 9 Wall Street analysts who have issued ratings for Mplx in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, and 8 have given a buy rating for MPLX.

Consensus Price Target

$49.56
4.81% Upside

According to the 9 analysts' twelve-month price targets for Mplx, the average price target is $49.56. The highest price target for MPLX is $55.00, while the lowest price target for MPLX is $43.00. The average price target represents a forecasted upside of 4.81% from the current price of $47.28.

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MPLX Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$49.56	$49.44	$46.56	$39.75
Forecasted Upside	4.81% Upside	-0.11% Downside	4.17% Upside	8.84% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Moderate Buy

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MPLX Analyst Recommendations By Month

The 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.

MPLX Price Targets 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.

Mplx Stock vs. The Competition

Type	Mplx	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.78	2.63	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	4.81% Upside	1,671.87% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent MPLX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
12/18/2024	Wells Fargo & Company 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$53.00 ➝ $54.00	+13.40%
11/19/2024	Truist Financial 2 of 5 stars	Boost Target	Buy ➝ Buy	$48.00 ➝ $55.00	+15.84%
11/18/2024	Royal Bank of Canada 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$50.00 ➝ $52.00	+9.64%
11/15/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$51.00 ➝ $55.00	+17.05%
10/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$43.00	-3.27%
10/10/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$45.00 ➝ $49.00	+10.81%
Get the Latest News and Ratings for MPLX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Mplx and its competitors with MarketBeat's FREE daily newsletter.
5/3/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$45.00 ➝ $46.00	+11.87%
5/1/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$45.00 ➝ $47.00	+12.44%
1/31/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$44.00 ➝ $45.00	+16.87%
10/5/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy ➝ Buy	$40.00	+14.06%
7/20/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Equal Weight	$42.00	+20.59%
2/7/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$33.50 ➝ $35.00	+2.97%
1/9/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$36.00	+7.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:29 AM ET.

Should I Buy Mplx Stock? MPLX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Mplx pros and cons to contact@marketbeat.com.

Mplx
Bull Case

Here are some ways that investors could benefit from investing in Mplx Lp:

Mplx Lp has shown significant institutional interest, with firms like Kovitz Investment Group Partners LLC increasing their holdings by 852.8% recently, indicating strong confidence in the company's future performance.
The current stock price of Mplx Lp is $48.26, which is near its 52-week high of $51.94, suggesting that the stock is performing well and may continue to appreciate.
The company has a solid market capitalization of approximately $50.82 billion, which reflects its stability and potential for growth in the pipeline sector.
Mplx Lp has a relatively low price-to-earnings (P/E) ratio of 11.71, which may indicate that the stock is undervalued compared to its earnings, making it an attractive investment opportunity.
Recent insider activity, such as the sale of shares by VP Carl Kristopher Hagedorn, can sometimes indicate confidence in the company's future, as insiders often sell for personal reasons rather than a lack of faith in the company.

Mplx
Bear Case

Investors should be bearish about investing in Mplx Lp for these reasons:

The stock has experienced fluctuations, recently trading down by 1.5%, which may indicate volatility and potential risks for investors looking for stable returns.
Mplx Lp has a debt-to-equity ratio of 1.40, suggesting that the company has a significant amount of debt compared to its equity, which could pose risks in times of economic downturns.
Despite recent growth, institutional investors only own 24.25% of the stock, which may indicate a lack of widespread confidence among larger investment firms.
The company's current ratio is 0.99, which is below 1, indicating that it may not have enough short-term assets to cover its short-term liabilities, raising concerns about liquidity.
Recent insider sales, while sometimes seen as normal, can also raise red flags for investors, as they may suggest that insiders are not optimistic about the company's near-term prospects.

MPLX Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Mplx is $49.56, with a high forecast of $55.00 and a low forecast of $43.00.
: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mplx in the last year. There is currently 1 sell rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MPLX shares.
: According to analysts, Mplx's stock has a predicted upside of 4.81% based on their 12-month stock forecasts.
: Mplx has been rated by research analysts at Bank of America, Barclays, Royal Bank of Canada, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Mplx more than other "oils/energy" companies. The consensus rating score for Mplx is 2.78 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how MPLX compares to other companies.

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This page (NYSE:MPLX) was last updated on 12/22/2024 by MarketBeat.com Staff

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Mplx (MPLX) Stock Forecast & Price Target