NYSE:MMP - Magellan Midstream Partners Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $53.09
  • Forecasted Upside: 12.41 %
  • Number of Analysts: 11
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$47.23
▼ -0.95 (-1.97%)

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

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Analyst Price Target for MMP

Analyst Price Target is $53.09
▲ +12.41% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Magellan Midstream Partners in the last 3 months. The average price target is $53.09, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 12.41% upside from the last price of $47.23.

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

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Current Consensus is Hold

The current consensus among 11 investment analysts is to hold stock in Magellan Midstream Partners. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 7 hold ratings
  • 2 sell ratings
1/12/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 9 hold ratings
  • 2 sell ratings
4/12/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 8 hold ratings
  • 2 sell ratings
7/11/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 7 hold ratings
  • 2 sell ratings
10/9/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 2 sell ratings
1/7/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
4/7/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
6/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 2 sell ratings
7/6/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/8/2022The Goldman Sachs GroupUpgradeNeutral ➝ Buy$55.00 ➝ $59.00Low
5/31/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$54.00 ➝ $56.00Low
5/25/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$52.00 ➝ $57.00Medium
5/20/2022Wells Fargo & CompanyLower Price TargetEqual Weight$54.00Low
5/6/2022TD SecuritiesBoost Price TargetHold$51.00 ➝ $52.00Low
4/26/2022Morgan StanleyBoost Price TargetUnderweight$50.00 ➝ $54.00High
3/30/2022MizuhoBoost Price TargetNeutral$50.00 ➝ $52.00Medium
1/20/2022BarclaysDowngradeOverweight ➝ Equal Weight$53.00 ➝ $51.00Low
1/18/2022Bank of AmericaLower Price TargetUnderperform$50.00 ➝ $49.00Low
1/7/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$50.00Low
12/16/2021Wells Fargo & CompanyLower Price TargetEqual Weight$54.00 ➝ $52.00High
11/23/2021Morgan StanleyLower Price TargetEqual Weight$55.00 ➝ $54.00Low
11/11/2021MizuhoBoost Price TargetNeutral$50.00 ➝ $52.00Medium
11/9/2021Credit Suisse GroupBoost Price TargetNeutral$50.00 ➝ $52.00Low
11/3/2021TD SecuritiesBoost Price TargetHold$50.00 ➝ $51.00Low
11/3/2021CitigroupDowngradeBuy ➝ NeutralMedium
10/19/2021BarclaysBoost Price TargetOverweight$50.00 ➝ $53.00Low
10/18/2021Raymond JamesBoost Price TargetOutperform$50.00 ➝ $51.00Medium
9/28/2021Bank of AmericaInitiated CoverageUnderperformLow
9/20/2021CitigroupLower Price TargetBuy$56.00 ➝ $51.00Medium
7/30/2021MizuhoBoost Price TargetNeutral$47.00 ➝ $50.00High
6/24/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$51.00 ➝ $52.00Low
6/18/2021Morgan StanleyBoost Price TargetEqual Weight$53.00 ➝ $54.00Medium
5/26/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$53.00Low
5/13/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$49.00 ➝ $51.00Low
5/4/2021Royal Bank of CanadaBoost Price TargetOutperform$49.00 ➝ $53.00Low
4/30/2021TD SecuritiesDowngradeBuy ➝ Hold$47.00 ➝ $48.00Medium
4/15/2021Raymond JamesBoost Price TargetOutperform$47.00 ➝ $48.00Low
4/14/2021Wolfe ResearchUpgradeUnderperform ➝ Peer Perform$45.00Low
3/22/2021Morgan StanleyBoost Price TargetOverweight$55.00 ➝ $58.00Low
3/18/2021JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$50.00Medium
3/17/2021The Goldman Sachs GroupLower Price TargetBuy ➝ Neutral$43.00 ➝ $42.00N/A
3/12/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00Medium
3/11/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$43.00 ➝ $42.00Medium
2/16/2021Truist FinancialDowngradeBuy ➝ Hold$44.00Low
2/3/2021TD SecuritiesLower Price TargetBuy$50.00 ➝ $47.00Low
2/3/2021MizuhoLower Price Target$46.00 ➝ $49.00Medium
2/3/2021Raymond JamesLower Price TargetOutperform$50.00 ➝ $47.00Low
2/1/2021ScotiabankInitiated CoverageSector PerformLow
2/1/2021Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
1/20/2021MizuhoBoost Price TargetNeutral$45.00 ➝ $49.00Low
1/14/2021Raymond JamesBoost Price TargetOutperform$45.00 ➝ $50.00Low
1/6/2021Bank of AmericaDowngradeBuy ➝ Neutral$47.00N/A
12/17/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$48.00 ➝ $49.00Low
11/30/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$48.00High
11/9/2020ArgusDowngradeBuy ➝ HoldHigh
11/2/2020Stifel NicolausBoost Price TargetBuy$51.00 ➝ $52.00Low
11/2/2020TD SecuritiesLower Price TargetBuy$55.00 ➝ $50.00Low
10/20/2020Raymond JamesLower Price TargetOutperform$51.00 ➝ $45.00Low
9/25/2020Morgan StanleyLower Price TargetOverweight$55.00 ➝ $50.00Low
8/21/2020Morgan StanleyLower Price TargetOverweight$57.00 ➝ $55.00High
8/3/2020CitigroupLower Price TargetBuy$66.00 ➝ $46.00Low
7/22/2020Wells Fargo & CompanyBoost Price TargetOverweight$54.00 ➝ $57.00Low
7/21/2020Raymond JamesBoost Price TargetOutperform$50.00 ➝ $51.00Low
7/17/2020BarclaysReiterated RatingBuy$48.00Low
6/30/2020TD SecuritiesInitiated CoverageBuy$55.00High
6/15/2020Evercore ISIInitiated CoverageBuy$55.00Medium
6/9/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$46.00High
6/1/2020Morgan StanleyBoost Price TargetOverweight$43.00 ➝ $57.00Medium
5/10/2020Royal Bank of CanadaReiterated RatingBuy$50.00Low
5/7/2020Credit Suisse GroupBoost Price TargetOutperform$42.00 ➝ $48.00Medium
5/4/2020Stifel NicolausLower Price TargetBuy$58.00 ➝ $56.00High
4/14/2020Wells Fargo & CompanyLower Price TargetOverweight$57.00 ➝ $54.00Low
4/14/2020Jefferies Financial GroupUpgradeHold ➝ Buy$66.00 ➝ $56.00Low
4/1/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$53.00 ➝ $42.00Medium
3/30/2020Bank of AmericaUpgradeUnderperform ➝ Buy$42.00Low
3/27/2020The Goldman Sachs GroupLower Price TargetBuy$54.00 ➝ $53.00Low
3/27/2020MizuhoLower Price TargetNeutral$68.00 ➝ $43.00Medium
3/25/2020UBS GroupLower Price TargetBuy$56.00 ➝ $55.00High
3/25/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$75.00 ➝ $59.00High
3/23/2020SunTrust BanksUpgradeHold ➝ Buy$65.00 ➝ $50.00High
3/16/2020Morgan StanleyUpgradeEqual Weight ➝ OverweightHigh
3/12/2020Raymond JamesLower Price TargetOutperform$69.00 ➝ $55.00Low
2/18/2020Evercore ISIReiterated RatingBuy$67.00Medium
2/11/2020Stifel NicolausUpgradeHold ➝ Buy$67.00 ➝ $66.00Low
2/4/2020Wells Fargo & CompanyReiterated RatingBuyMedium
2/4/2020CitigroupLower Price TargetBuy$70.00 ➝ $66.00Low
1/22/2020MizuhoReiterated RatingHold$68.00Low
1/14/2020BarclaysUpgradeEqual Weight ➝ Overweight$68.00 ➝ $69.00N/A
1/8/2020Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
1/7/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$70.00Low
1/6/2020Morgan StanleyInitiated CoverageEqual Weight$58.00Low
11/24/2019The Goldman Sachs GroupInitiated CoverageBuy$69.00 ➝ $69.00Low
11/4/2019Bank of AmericaDowngradeNeutral ➝ UnderperformLow
11/1/2019Stifel NicolausSet Price TargetHold$70.00N/A
10/23/2019Raymond JamesBoost Price TargetOutperform$71.00 ➝ $72.00High
8/6/2019Credit Suisse GroupBoost Price TargetNeutral$68.00 ➝ $70.00Low
8/2/2019Stifel NicolausBoost Price TargetHold$62.00 ➝ $68.00Low
8/2/2019Raymond JamesBoost Price TargetOutperform$69.00 ➝ $71.00Low
7/30/2019Bank of AmericaBoost Price TargetNeutral$63.00 ➝ $66.00Low
5/30/2019Johnson RiceInitiated CoverageAccumulate$71.00Low
3/26/2019LADENBURG THALM/SH SHSet Price TargetBuy$75.00Low
2/27/2019Bank of AmericaDowngradeBuy ➝ Neutral$69.00 ➝ $62.00High
2/11/2019Credit Suisse GroupLower Price TargetNeutral$76.00 ➝ $68.00Low
2/5/2019Evercore ISIInitiated CoverageOutperformLow
2/2/2019CitigroupSet Price TargetBuy$70.00Low
2/1/2019Wolfe ResearchDowngradeUnderperform$56.00Low
1/28/2019Jefferies Financial GroupDowngradeBuy ➝ HoldLow
1/18/2019SunTrust BanksInitiated CoverageHold ➝ Hold$65.00 ➝ $65.00Low
12/20/2018Jefferies Financial GroupUpgradeHold ➝ BuyMedium
11/28/2018MizuhoInitiated CoverageNeutral$67.00Low
11/6/2018Wells Fargo & CompanyLower Price TargetMarket Perform ➝ Market Perform$74.00 ➝ $72.00Low
11/5/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$71.00 ➝ $77.00Low
11/2/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$74.00 ➝ $70.00Low
11/2/2018Stifel NicolausSet Price TargetHold$67.00Low
11/2/2018CitigroupLower Price TargetBuy ➝ Buy$82.00 ➝ $78.00Low
10/30/2018Wolfe ResearchInitiated CoverageHoldLow
10/11/2018Credit Suisse GroupInitiated CoverageNeutral$77.00High
10/8/2018The Goldman Sachs GroupDowngradeBuy ➝ Neutral$76.00Low
8/6/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$72.00 ➝ $74.00Low
8/3/2018Stifel NicolausBoost Price TargetHold ➝ Hold$71.00 ➝ $73.00Medium
7/18/2018Jefferies Financial GroupDowngradeBuy ➝ HoldMedium
7/13/2018BMO Capital MarketsReiterated RatingBuy$85.00Low
7/11/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$69.00 ➝ $72.00Medium
4/19/2018Deutsche Bank AktiengesellschaftInitiated CoverageHold$70.00Low
4/17/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$76.00 ➝ $69.00Low
4/11/2018MizuhoReiterated RatingSell$66.00Low
4/9/2018Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$79.00Medium
4/5/2018Jefferies Financial GroupUpgradeHold ➝ Buy$73.00High
3/27/2018Bank of AmericaLower Price TargetBuy ➝ Buy$77.00 ➝ $71.00High
3/16/2018Morgan StanleyLower Price TargetUnderweight ➝ Underweight$73.00 ➝ $69.00Low
3/13/2018JPMorgan Chase & Co.Reiterated RatingNeutral ➝ Neutral$78.00 ➝ $75.00Low
3/2/2018UBS GroupBoost Price TargetBuy ➝ Buy$80.00 ➝ $81.00Low
2/2/2018Mitsubishi UFJ Financial GroupReiterated RatingNeutralMedium
2/2/2018Bank of AmericaLower Price TargetBuy ➝ Buy$78.00 ➝ $77.00Low
2/2/2018Stifel NicolausReiterated RatingHold$69.00Low
2/2/2018Royal Bank of CanadaReiterated RatingHold$79.00Low
2/2/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$78.00 ➝ $76.00Low
1/16/2018Royal Bank of CanadaReiterated RatingHold$81.00Medium
1/9/2018Bank of AmericaInitiated CoverageBuyLow
1/4/2018Credit Suisse GroupInitiated CoverageUnderperform ➝ UnderperformLow
12/11/2017BMO Capital MarketsInitiated CoverageBuy$80.00 ➝ $80.00Low
10/20/2017MizuhoReiterated RatingSell$72.00N/A
9/21/2017CitigroupUpgradeNeutral ➝ Buy$82.00Low
9/3/2017Jefferies Financial GroupReiterated RatingHold$73.00 ➝ $70.00Low
8/3/2017Stifel NicolausReiterated RatingHold$77.00Low
7/24/2017Royal Bank of CanadaReiterated RatingHold$80.00Low
7/19/2017Stifel NicolausReiterated RatingHold$81.00High
7/18/2017BarclaysDowngradeOverweight ➝ Equal Weight$88.00 ➝ $77.00Low
7/18/2017UBS GroupUpgradeNeutral ➝ Buy$82.00Low
7/10/2017MizuhoDowngradeNeutral ➝ Underperform$74.00 ➝ $72.00Medium
(Data available from 7/6/2017 forward)

News Sentiment Rating

0.26 (Hold)

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
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/7/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
1/6/2022
  • 2 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
2/5/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/7/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2022
  • 6 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/6/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2022
  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/5/2022

Current Sentiment

  • 1 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Magellan Midstream Partners logo
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates through Refined Products and Crude Oil segments. The company operates refined products pipeline that transports gasoline, diesel fuel, aviation fuel, kerosene, and heating oil to wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. Further, it provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. As of December 31, 2021, it had 9,800-mile refined products pipeline system with 54 terminals; approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 39 million barrels; and two marine terminals. The company was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.
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Today's Range

Now: $47.23
Low: $46.01
High: $47.90

50 Day Range

MA: $49.56
Low: $47.23
High: $53.38

52 Week Range

Now: $47.23
Low: $43.58
High: $53.75

Volume

1,297,640 shs

Average Volume

1,261,518 shs

Market Capitalization

$9.99 billion

P/E Ratio

11.09

Dividend Yield

8.61%

Beta

0.95

Frequently Asked Questions

What sell-side analysts currently cover shares of Magellan Midstream Partners?

The following Wall Street analysts have issued stock ratings on Magellan Midstream Partners in the last twelve months: Bank of America Co., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Raymond James, StockNews.com, TD Securities, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for MMP.

What is the current price target for Magellan Midstream Partners?

0 Wall Street analysts have set twelve-month price targets for Magellan Midstream Partners in the last year. Their average twelve-month price target is $53.09, suggesting a possible upside of 12.4%.
View the latest price targets for MMP.

What is the current consensus analyst rating for Magellan Midstream Partners?

Magellan Midstream Partners currently has 2 sell ratings, 5 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MMP, but not buy more shares or sell existing shares.
View the latest ratings for MMP.

How do I contact Magellan Midstream Partners' investor relations team?

Magellan Midstream Partners' physical mailing address is One Williams Center P.O. Box 22186, TULSA OK, 74121. The pipeline company's listed phone number is (918) 574-7000 and its investor relations email address is [email protected] The official website for Magellan Midstream Partners is www.magellanlp.com. Learn More about contacing Magellan Midstream Partners investor relations.