Analyst Price Target is $38.60
▲ +13.97% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Mplx in the last 3 months. The average price target is $38.60, with a high forecast of $42.00 and a low forecast of $34.00. The average price target represents a 13.97% upside from the last price of $33.87.
Current Consensus is
Hold
The current consensus among 11 polled investment analysts is to hold stock in Mplx. This rating has held steady since September 2021, when it changed from a Buy consensus rating.
MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water. The Gathering and Processing segment gathers, processes, and transports natural gas, and gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs). The company was founded on March 27, 2012 and is headquartered in Findlay, OH.
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