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PYPL   61.27 (-0.31%)
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MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
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NVDA   316.78 (+4.97%)
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AMD   107.93 (+4.03%)
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GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)

Magellan Midstream Partners (MMP) Price Target & Analyst Ratings

$62.67
+0.65 (+1.05%)
(As of 05/18/2023 ET)
Compare
Today's Range
$61.30
$62.68
50-Day Range
$50.89
$62.67
52-Week Range
$44.79
$64.42
Volume
2.23 million shs
Average Volume
1.07 million shs
Market Capitalization
$12.67 billion
P/E Ratio
11.37
Dividend Yield
6.69%
Price Target
$59.05

Magellan Midstream Partners Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 12 Analyst Ratings

Consensus Analyst Price Target

$59.46
-5.12% Downside
High Prediction$67.50
Average Prediction$59.46
Low Prediction$49.00
TypeCurrent
5/18/22 to 5/18/23
1 Month Ago
4/18/22 to 4/18/23
3 Months Ago
2/17/22 to 2/17/23
1 Year Ago
5/18/21 to 5/18/22
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
1 Buy rating(s)
Hold
7 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
6 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$59.46$56.36$56.27$51.56
Predicted Upside-5.12% Downside6.84% Upside6.85% Upside5.59% Upside
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MMP Analyst Ratings 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.
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MMP 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.
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Magellan Midstream Partners Stock vs. The Competition

TypeMagellan Midstream PartnersOils/Energy CompaniesS&P 500
Consensus Rating Score
2.08
2.60
2.48
Consensus RatingHoldBuyHold
Predicted Upside-5.12% Downside183.35% Upside168.74% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/18/2023Stifel Nicolaus
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 DowngradeBuy ➝ Hold$61.00 ➝ $64.00+3.19%
5/17/2023Royal Bank of Canada
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 DowngradeOutperform ➝ Sector Perform$59.00 ➝ $66.00+7.53%
5/17/2023Citigroup
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 DowngradeBuy ➝ Neutral$57.00 ➝ $63.00+2.64%
5/16/2023TD Securities
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 DowngradeHold ➝ Tender$55.00 ➝ $67.50+7.81%
5/15/2023Mizuho
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 Boost Target$53.00 ➝ $56.00+1.06%
4/20/2023Raymond James
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 DowngradeOutperform ➝ Market Perform
4/18/2023Barclays
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 Boost Target$59.00 ➝ $60.00+6.80%
2/7/2023Wells Fargo & Company
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 Boost TargetEqual Weight$56.00 ➝ $58.00+10.04%
1/9/2023Morgan Stanley
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 Boost TargetUnderweight$54.00 ➝ $56.00+7.38%
11/16/2022Wolfe Research
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 DowngradePeer Perform ➝ Underperform$49.00-5.88%
6/8/2022The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$55.00 ➝ $59.00+10.20%
5/25/2022JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$52.00 ➝ $57.00+16.73%
(Data available from 5/18/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












MMP Price Target - Frequently Asked Questions

What is Magellan Midstream Partners's consensus rating and price target?

According to the issued ratings of 12 analysts in the last year, the consensus rating for Magellan Midstream Partners stock is Hold based on the current 2 sell ratings, 7 hold ratings and 3 buy ratings for MMP. The average twelve-month price prediction for Magellan Midstream Partners is $59.46 with a high price target of $67.50 and a low price target of $49.00. Learn more on MMP's analyst rating history.

Do Wall Street analysts like Magellan Midstream Partners more than its competitors?

Analysts like Magellan Midstream Partners less than other Oils/Energy companies. The consensus rating for Magellan Midstream Partners is Hold while the average consensus rating for oils/energy companies is Buy. Learn more on how MMP compares to other companies.

Is Magellan Midstream Partners being downgraded by Wall Street analysts?

Over the previous 90 days, Magellan Midstream Partners's stock had 5 downgrades by analysts.

Does Magellan Midstream Partners's stock price have much upside?

According to analysts, Magellan Midstream Partners's stock has a predicted upside of 7.22% based on their 12-month price targets.

What analysts cover Magellan Midstream Partners?

Magellan Midstream Partners has been rated by Barclays, Citigroup, Mizuho, Raymond James, Royal Bank of Canada, Stifel Nicolaus, and TD Securities in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:MMP) was last updated on 5/18/2023 by MarketBeat.com Staff

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