NYSE:MPLX - Mplx Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $29.38
  • Forecasted Upside: 5.06 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$27.96
▲ +0.17 (0.61%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Mplx Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MPLX and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MPLX

Analyst Price Target is $29.38
▲ +5.06% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Mplx in the last 3 months. The average price target is $29.38, with a high forecast of $33.00 and a low forecast of $22.00. The average price target represents a 5.06% upside from the last price of $27.96.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 10 contributing investment analysts is to buy stock in Mplx. This Buy 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
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/1/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/25/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/25/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/21/2021Raymond JamesBoost Price TargetOutperform$30.00 ➝ $33.00Low
7/20/2021US Capital AdvisorsReiterated RatingOverweightLow
7/16/2021Wolfe ResearchDowngradeOutperform ➝ Peer Perform$30.00High
6/24/2021Wells Fargo & CompanyBoost Price TargetOverweight$32.00 ➝ $33.00High
6/18/2021Morgan StanleyBoost Price TargetEqual Weight$32.00 ➝ $33.00Medium
5/26/2021Morgan StanleyBoost Price TargetEqual Weight$30.00 ➝ $32.00Low
5/18/2021BarclaysBoost Price TargetOverweight$29.00 ➝ $32.00Medium
5/13/2021Wells Fargo & CompanyBoost Price TargetOverweight$31.00 ➝ $32.00Low
4/15/2021Raymond JamesBoost Price TargetOutperform$28.00 ➝ $30.00Low
3/22/2021Morgan StanleyBoost Price TargetEqual Weight$25.00 ➝ $30.00Low
2/16/2021Truist FinancialUpgradeHold ➝ BuyLow
2/16/2021TruistUpgradeHold ➝ Buy$28.00Low
1/11/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$28.00Low
12/11/2020Morgan StanleyBoost Price TargetEqual Weight$18.00 ➝ $25.00Low
12/9/2020BarclaysBoost Price TargetOverweight$24.00 ➝ $25.00Medium
10/21/2020Wolfe ResearchInitiated CoverageOutperformLow
9/25/2020Morgan StanleyLower Price TargetEqual Weight$21.00 ➝ $18.00Medium
9/9/2020The Goldman Sachs GroupInitiated CoverageBuy$24.00Low
8/4/2020CitigroupBoost Price TargetBuy$21.00 ➝ $22.00Medium
7/22/2020Wells Fargo & CompanyReiterated RatingBuyMedium
7/15/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$21.00High
6/15/2020Evercore ISIInitiated CoverageBuy$26.00Low
6/1/2020Morgan StanleyBoost Price TargetOverweight$17.00 ➝ $21.00Low
5/14/2020Credit Suisse GroupBoost Price TargetOutperform$18.00 ➝ $22.00High
5/11/2020UBS GroupBoost Price TargetBuy$20.00 ➝ $21.00Low
4/30/2020Morgan StanleyBoost Price TargetOverweight$16.00 ➝ $17.00High
4/27/2020CitigroupLower Price TargetBuy$32.00 ➝ $21.00Low
4/16/2020Bank of AmericaLower Price TargetBuy$20.00 ➝ $19.00High
4/14/2020Wells Fargo & CompanyReiterated RatingBuy$23.00 ➝ $24.00High
4/2/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralMedium
4/1/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$21.00 ➝ $18.00Medium
3/24/2020BarclaysUpgradeEqual Weight ➝ Overweight$21.00High
3/19/2020Bank of AmericaUpgradeNeutral ➝ Buy$20.00High
3/18/2020Stifel NicolausLower Price TargetBuy$34.00 ➝ $22.00Low
3/17/2020Wells Fargo & CompanyReiterated RatingHoldHigh
3/12/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
3/11/2020Bank of AmericaDowngradeBuy ➝ Neutral$18.00High
3/2/2020UBS GroupLower Price TargetBuy$32.00 ➝ $26.00Low
2/25/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$32.00 ➝ $27.00High
2/24/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$28.00High
2/10/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$29.00 ➝ $25.00High
1/14/2020BarclaysDowngradeOverweight ➝ Equal Weight$27.00 ➝ $30.00N/A
1/6/2020Morgan StanleyInitiated CoverageOverweight$30.00High
12/13/2019SunTrust BanksInitiated CoverageHold$28.00High
12/4/2019BarclaysLower Price TargetOverweight$33.00 ➝ $27.00High
11/19/2019Credit Suisse GroupLower Price TargetOutperform$33.00 ➝ $29.00Medium
11/1/2019Royal Bank of CanadaSet Price TargetBuy$33.00Medium
10/8/2019Raymond JamesLower Price TargetOutperform$34.00 ➝ $32.00Medium
9/16/2019CitigroupLower Price TargetBuy$40.00 ➝ $32.00Low
9/3/2019Jefferies Financial GroupReiterated RatingBuy$35.00Low
9/3/2019ScotiabankInitiated CoverageOutperform$36.00Low
8/19/2019BarclaysReiterated RatingOverweight$33.00Low
8/12/2019Credit Suisse GroupReiterated RatingOutperform$38.00 ➝ $33.00Medium
8/2/2019Raymond JamesLower Price TargetOutperform$38.00 ➝ $34.00Low
6/11/2019Bank of AmericaUpgradeNeutral ➝ Buy$39.00Low
6/10/2019BMO Capital MarketsInitiated CoverageMarket Perform$35.00Low
5/9/2019Wells Fargo & CompanyBoost Price TargetOutperform$37.00 ➝ $38.00Low
4/16/2019Raymond JamesDowngradeStrong-Buy ➝ OutperformLow
3/13/2019BarclaysReiterated RatingBuy$38.00Low
3/12/2019Credit Suisse GroupLower Price TargetOutperform$44.00 ➝ $39.00Low
2/7/2019UBS GroupLower Price TargetOverweight$41.00Medium
2/5/2019Evercore ISIInitiated CoverageOutperformLow
12/13/2018BarclaysInitiated CoverageOverweight ➝ Overweight$40.00Low
12/6/2018Bank of AmericaReiterated RatingNeutral ➝ Neutral$36.00 ➝ $41.00High
11/29/2018CitigroupLower Price TargetBuy ➝ Buy$44.00 ➝ $40.00Medium
11/29/2018Bank of AmericaDowngradeBuy ➝ Neutral$36.00Medium
11/2/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$41.00 ➝ $43.00Low
10/11/2018Credit Suisse GroupInitiated CoverageOutperform$45.00Medium
10/9/2018The Goldman Sachs GroupReiterated RatingBuy ➝ NeutralLow
10/8/2018The Goldman Sachs GroupDowngradeBuy ➝ Neutral$35.00Low
7/27/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$42.00 ➝ $44.00Medium
7/18/2018Jefferies Financial GroupUpgradeHold ➝ BuyHigh
5/1/2018Stifel NicolausSet Price TargetBuy ➝ Buy$45.00 ➝ $42.00Low
4/19/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$40.00Low
4/17/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$39.00 ➝ $37.00Low
4/16/2018GuggenheimUpgradeNeutral ➝ Buy$40.00High
4/11/2018MizuhoSet Price TargetBuy$41.00Medium
4/10/2018CitigroupLower Price TargetBuy ➝ Buy$46.00 ➝ $44.00Low
3/23/2018Morgan StanleyUpgradeEqual ➝ Equal Weight$40.00Medium
2/5/2018Jefferies Financial GroupDowngradeBuy ➝ Hold$38.00Medium
2/2/2018Royal Bank of CanadaReiterated RatingOutperform$44.00 ➝ $43.00High
2/2/2018CitigroupReiterated RatingBuy ➝ Buy$46.00High
2/1/2018Stifel NicolausReiterated RatingBuy$45.00Medium
1/17/2018BarclaysDowngradeOverweight ➝ Equal Weight$39.00Medium
1/9/2018Bank of AmericaInitiated CoverageBuyLow
1/4/2018Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$43.00Low
12/18/2017GuggenheimDowngradeBuy ➝ Neutral$36.00Medium
11/15/2017Royal Bank of CanadaReiterated RatingBuy$46.00N/A
10/27/2017UBS GroupBoost Price TargetBuy$43.00 ➝ $44.00N/A
10/27/2017Stifel NicolausLower Price TargetBuy$42.00 ➝ $41.00N/A
10/20/2017MizuhoReiterated RatingBuy$40.00N/A
10/19/2017BarclaysReiterated RatingBuy$39.00N/A
10/4/2017ScotiabankReiterated RatingBuy$44.00N/A
9/5/2017Stifel NicolausReiterated RatingBuy$43.00 ➝ $42.00Medium
8/28/2017Jefferies Financial GroupLower Price TargetBuy$42.00 ➝ $41.00Low
7/28/2017Royal Bank of CanadaReiterated RatingBuyLow
7/22/2017ScotiabankSet Price TargetBuy$44.00Low
7/20/2017GuggenheimInitiated CoverageBuy ➝ Buy$40.00High
4/19/2017Jefferies Financial GroupReiterated RatingBuy$44.00Low
4/3/2017CitigroupBoost Price TargetBuy$44.00 ➝ $45.00Low
3/17/2017Royal Bank of CanadaReiterated RatingBuy$47.00Low
3/2/2017(FBRC)Reiterated RatingHoldN/A
3/1/2017CitigroupUpgradeNeutral ➝ Overweight$42.00 ➝ $43.00N/A
3/1/2017UBS GroupUpgradeNeutral ➝ OverweightN/A
3/1/2017Mitsubishi UFJ Financial GroupUpgradeNeutral ➝ Overweight$43.00N/A
2/2/2017BarclaysBoost Price TargetOverweight$42.00 ➝ $44.00N/A
2/2/2017(FBRC)Boost Price TargetMkt Perform$35.00 ➝ $38.00N/A
1/10/2017Wells Fargo & CompanyUpgradeMarket Perform ➝ OutperformN/A
1/4/2017MizuhoUpgradeNeutral ➝ Buy$37.00 ➝ $42.00N/A
12/8/2016Evercore ISIUpgradeHold ➝ Buy$27.00 ➝ $39.00N/A
10/31/2016CitigroupUpgradeMarket Perform ➝ Strong-BuyN/A
10/31/2016Raymond JamesUpgradeMkt Perform ➝ Strong-Buy$42.00N/A
10/31/2016UBS GroupUpgradeOutperform ➝ Strong-BuyN/A
10/31/2016Jefferies Financial GroupUpgradeHold ➝ Buy$40.00N/A
10/30/2016(FBRC)Set Price TargetHold$35.00N/A
10/28/2016MizuhoBoost Price TargetNeutral$35.00 ➝ $37.00N/A
10/15/2016Jefferies Financial GroupSet Price TargetHold$35.00N/A
9/30/2016MizuhoInitiated CoverageNeutral$35.00N/A
9/9/2016(FBRC)Initiated CoverageMarket Perform$35.00N/A
8/23/2016Jefferies Financial GroupInitiated CoverageHold$35.00N/A
(Data available from 7/25/2016 forward)
Mplx logo
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; transportation, storage, distribution, and marketing of crude oil and refined petroleum products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. Its pipeline network located throughout the United States and Alaska; storage caverns consist of butane, propane, and liquefied petroleum gas storage with locations in Neal in West Virginia, Woodhaven in Michigan, Robinson in Illinois, and Jal in New Mexico; and marine business owns and operates boats and barges, including third-party chartered equipment, as well as a marine repair facility located on the Ohio River. The company also transports light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions. In addition, its refining logistics assets operates 619 tanks with a storage capacity of approximately 56 million barrels; and 32 rail and truck racks, 18 docks, and gasoline blenders. Further, the company operates terminal facilities for the receipt, storage, blending, adultization, handling, and redelivery of refined petroleum products located throughout the continental United States and Alaska. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is based in Findlay, Ohio. MPLX LP is a subsidiary of Marathon Petroleum Corporation.
Read More

Today's Range

Now: $27.96
Low: $27.57
High: $28.00

50 Day Range

MA: $29.18
Low: $26.20
High: $31.14

52 Week Range

Now: $27.96
Low: $15.05
High: $31.40

Volume

1,511,776 shs

Average Volume

1,859,373 shs

Market Capitalization

$28.79 billion

P/E Ratio

11.18

Dividend Yield

9.90%

Beta

1.9

Frequently Asked Questions

What sell-side analysts currently cover shares of Mplx?

The following Wall Street analysts have issued stock ratings on Mplx in the last twelve months: Barclays PLC, Citigroup Inc., Morgan Stanley, Raymond James, The Goldman Sachs Group, Inc., TheStreet, Truist, Truist Financial Co., US Capital Advisors, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for MPLX.

What is the current price target for Mplx?

8 Wall Street analysts have set twelve-month price targets for Mplx in the last year. Their average twelve-month price target is $29.38, suggesting a possible upside of 5.1%. Wells Fargo & Company has the highest price target set, predicting MPLX will reach $33.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $22.00 for Mplx in the next year.
View the latest price targets for MPLX.

What is the current consensus analyst rating for Mplx?

Mplx currently has 2 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MPLX will outperform the market and that investors should add to their positions of Mplx.
View the latest ratings for MPLX.

What other companies compete with Mplx?

How do I contact Mplx's investor relations team?

Mplx's physical mailing address is 200 EAST HARDIN STREET, FINDLAY OH, 45840. The pipeline company's listed phone number is 419-421-2414 and its investor relations email address is [email protected] The official website for Mplx is www.mplx.com.