MGP Ingredients - MGPI Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $76.67
  • Forecasted Upside: 72.36%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$44.48
▼ -1.79 (-3.87%)

This chart shows the closing price for MGPI by one month, three months, or twelve months.

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Analyst Price Target for MGPI

Analyst Price Target is $76.67
▲ +72.36% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for MGP Ingredients in the last 3 months. The average price target is $76.67, with a high forecast of $120.00 and a low forecast of $50.00. The average price target represents a 72.36% upside from the last price of $44.48.

This chart shows the closing price for MGPI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 5 polled investment analysts is to moderate buy stock in MGP Ingredients. This rating has held steady since October 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/16/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/14/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/13/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/12/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/10/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/8/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/7/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/7/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/6/2024TD CowenDowngradeBuy ➝ Hold$66.00 ➝ $50.00
11/4/2024Roth MkmLower TargetBuy ➝ Buy$69.00 ➝ $65.00
11/1/2024Truist FinancialLower TargetBuy ➝ Buy$85.00 ➝ $75.00
10/22/2024Truist FinancialLower TargetBuy ➝ Buy$95.00 ➝ $85.00
10/18/2024Loop CapitalSet Target$75.00
10/18/2024Roth MkmLower TargetBuy ➝ Buy$92.00 ➝ $88.00
10/18/2024Lake Street CapitalDowngradeBuy ➝ Hold$135.00 ➝ $75.00
10/16/2024Truist FinancialLower TargetBuy ➝ Buy$125.00 ➝ $95.00
7/25/2024Roth MkmReiterated RatingBuy ➝ Buy$92.00 ➝ $92.00
5/3/2024Roth MkmLower TargetBuy ➝ Buy$95.00 ➝ $92.00
4/29/2024WedbushReiterated RatingOutperform ➝ Outperform$120.00
4/25/2024Roth MkmLower TargetBuy ➝ Buy$100.00 ➝ $95.00
4/10/2024WedbushReiterated RatingOutperform ➝ Outperform$120.00
3/22/2024WedbushReiterated RatingOutperform ➝ Outperform$120.00
2/15/2024WedbushReiterated RatingOutperform ➝ Outperform$135.00
9/6/2023Truist FinancialReiterated RatingBuy ➝ Buy$140.00
8/7/2023Truist FinancialBoost TargetBuy ➝ Buy$125.00 ➝ $140.00
7/14/2023Truist FinancialReiterated RatingBuy ➝ Buy$125.00
2/2/2023Wells Fargo & CompanyLower TargetOverweight$128.00 ➝ $118.00
11/4/2022Wells Fargo & CompanyBoost TargetOverweight$126.00 ➝ $128.00
11/4/2022Lake Street CapitalBoost Target$125.00 ➝ $140.00
10/10/2022WedbushInitiated CoverageOutperform$125.00
8/15/2022Wells Fargo & CompanyInitiated CoverageOverweight$126.00
6/30/2022Roth CapitalInitiated CoverageBuy$115.00
2/22/2022Lake Street CapitalInitiated CoverageBuy$100.00
1/21/2022CowenInitiated CoverageOutperform$99.00
11/29/2021Truist FinancialUpgradeHold ➝ Buy$80.00 ➝ $100.00
2/26/2021Truist FinancialDowngradeBuy ➝ Hold$50.00 ➝ $65.00
1/26/2021Craig HallumBoost TargetHold$42.00 ➝ $55.00
7/16/2020Berenberg BankInitiated CoverageBuy$45.00
4/14/2020National SecuritiesInitiated CoverageBuy$50.00
4/6/2020SunTrust BanksUpgradeHold ➝ Buy$40.00 ➝ $45.00
2/27/2020Craig HallumLower TargetHold$40.00 ➝ $32.00
1/28/2020SunTrust BanksReiterated RatingHold$45.00
1/21/2020Craig HallumDowngradeBuy ➝ Hold$90.00 ➝ $40.00
1/17/2020SunTrust BanksReiterated RatingBuy ➝ Hold$80.00 ➝ $55.00
(Data available from 12/8/2019 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
5/11/2024
  • 8 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/10/2024
  • 9 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/10/2024
  • 8 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/9/2024
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/8/2024
  • 9 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/8/2024
  • 9 very positive mentions
  • 42 positive mentions
  • 11 negative mentions
  • 2 very negative mentions
11/7/2024
  • 12 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/7/2024

Current Sentiment

  • 12 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
MGP Ingredients logo
MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also offers distillery co-products, such as dried distillers' grain, fuel-grade alcohol for blending with gasoline, and corn oil; and provides warehouse services, including barrel put away, barrel storage, and barrel retrieval services, as well as blending services. The Branded Spirits segment provides premium plus, ultra-premium, super premium, premium, mid, and value branded distilled spirits, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.
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Today's Range

Now: $44.48
Low: $44.37
High: $47.25

50 Day Range

MA: $58.64
Low: $44.42
High: $83.35

52 Week Range

Now: $44.48
Low: $43.48
High: $102.42

Volume

372,558 shs

Average Volume

431,781 shs

Market Capitalization

$976.34 million

P/E Ratio

9.25

Dividend Yield

1.05%

Beta

0.63

Frequently Asked Questions

What sell-side analysts currently cover shares of MGP Ingredients?

The following sell-side analysts have issued reports on MGP Ingredients in the last twelve months: Lake Street Capital, Loop Capital, Roth Mkm, StockNews.com, TD Cowen, Truist Financial Co., and Wedbush.
View the latest analyst ratings for MGPI.

What is the current price target for MGP Ingredients?

0 Wall Street analysts have set twelve-month price targets for MGP Ingredients in the last year. Their average twelve-month price target is $76.67, suggesting a possible upside of 72.4%. Wedbush has the highest price target set, predicting MGPI will reach $120.00 in the next twelve months. TD Cowen has the lowest price target set, forecasting a price of $50.00 for MGP Ingredients in the next year.
View the latest price targets for MGPI.

What is the current consensus analyst rating for MGP Ingredients?

MGP Ingredients currently has 2 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MGPI.

What other companies compete with MGP Ingredients?

How do I contact MGP Ingredients' investor relations team?

MGP Ingredients' physical mailing address is 100 Commercial Street, ATCHISON KS, 66002. The company's listed phone number is (913) 367-1480 and its investor relations email address is [email protected]. The official website for MGP Ingredients is www.mgpingredients.com. Learn More about contacing MGP Ingredients investor relations.