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Magellan Midstream Partners L.P. (MMP)
NYSE:MMP
Holding MMP?
Track your performance easily
See the Price Targets and Ratings of:
MMP Analyst Ratings
Hold
2 Buy
3 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MMP Stock 12 Month Forecast
Average Price Target
$63.75
▼(-7.61% Downside)
| Highest Price Target$68.00 | Average Price Target$63.75 | Lowest Price Target$56.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
RBC Capital
Reiterated
09/17/23
Argus Research
Downgraded
08/16/23
JonesTrading
Downgraded
08/09/23
J.P. Morgan
Reiterated
08/07/23
Barclays
Assigned
08/03/23
Mizuho Securities
Reiterated
08/03/23
Stifel Nicolaus
Reiterated
06/03/23
US Capital Advisors
Downgraded
05/19/23
Citi
Downgraded
05/16/23
Wells Fargo
Reiterated
05/08/23
Raymond James
―
Hold
―
Downgraded
04/20/23
Magellan Midstream downgraded to Market Perform at Raymond JamesMagellan Midstream downgraded to Market Perform at Raymond James
Wolfe Research
$49
Sell
-28.99%
Downside
Downgraded
11/16/22
Wolfe Research Downgrades Magellan Midstream to Underperform, Announces $49 Price Target
Bank of America Securities
$54
Sell
-21.74%
Downside
Reiterated
10/31/22
Magellan Midstream Partners (MMP) PT Raised to $54 at BofA SecuritiesBofA Securities analyst Chase Mulvehill raised the price target on Magellan Midstream Partners (NYSE: MMP) to $54.00 (from $48.00) while maintaining a Underperform rating.
Best Analysts Covering Magellan Midstream
Which Analyst Should I Follow If I Want to Buy MMP and Sell After:
1 Month
xxx
Success Rate
5/7 ratings generated profit
Average Return
+3.41%
assigned a xxx
rating a year ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 71.43% of your transactions generating a profit, with an average return of +3.41% per trade.
3 Months
xxx
Success Rate
8/8 ratings generated profit
Average Return
+9.71%
reiterated a xxx
rating a year ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +9.71% per trade.
1 Year
Success Rate
8/8 ratings generated profit
Average Return
+32.05%
reiterated a buy rating a year ago
Copying Jeremy Tonet's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +32.05% per trade.
2 Years
xxx
Success Rate
8/8 ratings generated profit
Average Return
+35.11%
reiterated a xxx
rating a year ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +35.11% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MMP Analyst Recommendation Trends
Currently, no data available
Please return soon. This page is being updated.
Each month's total comprises the sum of three months' worth of ratings.
MMP Financial Forecast
MMP Stock Forecast FAQ
What is MMP’s average 12-month price target, according to analysts?
Based on analyst ratings, Magellan Midstream Partners L.P.’s 12-month average price target is $63.75.
What is MMP’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for MMP, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MMP a Buy, Sell or Hold?
Magellan Midstream Partners L.P. has a consensus rating of Hold which is based on 2 buy ratings, 3 hold ratings and 1 sell ratings.
What is Magellan Midstream Partners L.P.’s price target?
The average price target for Magellan Midstream Partners L.P. is $63.75. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $68.00 ,the lowest forecast is $56.00. The average price target represents -7.61% Decrease from the current price of $69.
The highest analyst price target is $68.00 ,the lowest forecast is $56.00. The average price target represents -7.61% Decrease from the current price of $69.
What do analysts say about Magellan Midstream Partners L.P.?
Magellan Midstream Partners L.P.’s analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.
How can I buy shares of MMP?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.