NYSE:MPLX - Mplx Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

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 As of 07/23/2021 01:00 AM ET

▲ +0.17 (0.61%)

1 month | 3 months | 12 months

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Analyst Price Target for MPLX

^$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.

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 Description Skip Past Price Target Consensus Chart

0 strong buy ratings
11 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/1/2020

0 strong buy ratings
11 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

5/1/2020

0 strong buy ratings
12 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

7/30/2020

0 strong buy ratings
11 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

10/28/2020

0 strong buy ratings
10 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

1/26/2021

0 strong buy ratings
10 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

4/26/2021

0 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/25/2021

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

Ratings as of

7/25/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
7/21/2021	Raymond James	Boost Price Target	Outperform	$30.00 ➝ $33.00	Low
7/20/2021	US Capital Advisors	Reiterated Rating	Overweight		Low
7/16/2021	Wolfe Research	Downgrade	Outperform ➝ Peer Perform	$30.00	High
6/24/2021	Wells Fargo & Company	Boost Price Target	Overweight	$32.00 ➝ $33.00	High
6/18/2021	Morgan Stanley	Boost Price Target	Equal Weight	$32.00 ➝ $33.00	Medium
5/26/2021	Morgan Stanley	Boost Price Target	Equal Weight	$30.00 ➝ $32.00	Low
5/18/2021	Barclays	Boost Price Target	Overweight	$29.00 ➝ $32.00	Medium
5/13/2021	Wells Fargo & Company	Boost Price Target	Overweight	$31.00 ➝ $32.00	Low
4/15/2021	Raymond James	Boost Price Target	Outperform	$28.00 ➝ $30.00	Low
3/22/2021	Morgan Stanley	Boost Price Target	Equal Weight	$25.00 ➝ $30.00	Low
2/16/2021	Truist Financial	Upgrade	Hold ➝ Buy		Low
2/16/2021	Truist	Upgrade	Hold ➝ Buy	$28.00	Low
1/11/2021	Raymond James	Upgrade	Market Perform ➝ Outperform	$28.00	Low
12/11/2020	Morgan Stanley	Boost Price Target	Equal Weight	$18.00 ➝ $25.00	Low
12/9/2020	Barclays	Boost Price Target	Overweight	$24.00 ➝ $25.00	Medium
10/21/2020	Wolfe Research	Initiated Coverage	Outperform		Low
9/25/2020	Morgan Stanley	Lower Price Target	Equal Weight	$21.00 ➝ $18.00	Medium
9/9/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$24.00	Low
8/4/2020	Citigroup	Boost Price Target	Buy	$21.00 ➝ $22.00	Medium
7/22/2020	Wells Fargo & Company	Reiterated Rating	Buy		Medium
7/15/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$21.00	High
6/15/2020	Evercore ISI	Initiated Coverage	Buy	$26.00	Low
6/1/2020	Morgan Stanley	Boost Price Target	Overweight	$17.00 ➝ $21.00	Low
5/14/2020	Credit Suisse Group	Boost Price Target	Outperform	$18.00 ➝ $22.00	High
5/11/2020	UBS Group	Boost Price Target	Buy	$20.00 ➝ $21.00	Low
4/30/2020	Morgan Stanley	Boost Price Target	Overweight	$16.00 ➝ $17.00	High
4/27/2020	Citigroup	Lower Price Target	Buy	$32.00 ➝ $21.00	Low
4/16/2020	Bank of America	Lower Price Target	Buy	$20.00 ➝ $19.00	High
4/14/2020	Wells Fargo & Company	Reiterated Rating	Buy	$23.00 ➝ $24.00	High
4/2/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral		Medium
4/1/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$21.00 ➝ $18.00	Medium
3/24/2020	Barclays	Upgrade	Equal Weight ➝ Overweight	$21.00	High
3/19/2020	Bank of America	Upgrade	Neutral ➝ Buy	$20.00	High
3/18/2020	Stifel Nicolaus	Lower Price Target	Buy	$34.00 ➝ $22.00	Low
3/17/2020	Wells Fargo & Company	Reiterated Rating	Hold		High
3/12/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
3/11/2020	Bank of America	Downgrade	Buy ➝ Neutral	$18.00	High
3/2/2020	UBS Group	Lower Price Target	Buy	$32.00 ➝ $26.00	Low
2/25/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$32.00 ➝ $27.00	High
2/24/2020	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$28.00	High
2/10/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$29.00 ➝ $25.00	High
1/14/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$27.00 ➝ $30.00	N/A
1/6/2020	Morgan Stanley	Initiated Coverage	Overweight	$30.00	High
12/13/2019	SunTrust Banks	Initiated Coverage	Hold	$28.00	High
12/4/2019	Barclays	Lower Price Target	Overweight	$33.00 ➝ $27.00	High
11/19/2019	Credit Suisse Group	Lower Price Target	Outperform	$33.00 ➝ $29.00	Medium
11/1/2019	Royal Bank of Canada	Set Price Target	Buy	$33.00	Medium
10/8/2019	Raymond James	Lower Price Target	Outperform	$34.00 ➝ $32.00	Medium
9/16/2019	Citigroup	Lower Price Target	Buy	$40.00 ➝ $32.00	Low
9/3/2019	Jefferies Financial Group	Reiterated Rating	Buy	$35.00	Low
9/3/2019	Scotiabank	Initiated Coverage	Outperform	$36.00	Low
8/19/2019	Barclays	Reiterated Rating	Overweight	$33.00	Low
8/12/2019	Credit Suisse Group	Reiterated Rating	Outperform	$38.00 ➝ $33.00	Medium
8/2/2019	Raymond James	Lower Price Target	Outperform	$38.00 ➝ $34.00	Low
6/11/2019	Bank of America	Upgrade	Neutral ➝ Buy	$39.00	Low
6/10/2019	BMO Capital Markets	Initiated Coverage	Market Perform	$35.00	Low
5/9/2019	Wells Fargo & Company	Boost Price Target	Outperform	$37.00 ➝ $38.00	Low
4/16/2019	Raymond James	Downgrade	Strong-Buy ➝ Outperform		Low
3/13/2019	Barclays	Reiterated Rating	Buy	$38.00	Low
3/12/2019	Credit Suisse Group	Lower Price Target	Outperform	$44.00 ➝ $39.00	Low
2/7/2019	UBS Group	Lower Price Target	Overweight	$41.00	Medium
2/5/2019	Evercore ISI	Initiated Coverage	Outperform		Low
12/13/2018	Barclays	Initiated Coverage	Overweight ➝ Overweight	$40.00	Low
12/6/2018	Bank of America	Reiterated Rating	Neutral ➝ Neutral	$36.00 ➝ $41.00	High
11/29/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$44.00 ➝ $40.00	Medium
11/29/2018	Bank of America	Downgrade	Buy ➝ Neutral	$36.00	Medium
11/2/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$41.00 ➝ $43.00	Low
10/11/2018	Credit Suisse Group	Initiated Coverage	Outperform	$45.00	Medium
10/9/2018	The Goldman Sachs Group	Reiterated Rating	Buy ➝ Neutral		Low
10/8/2018	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$35.00	Low
7/27/2018	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$42.00 ➝ $44.00	Medium
7/18/2018	Jefferies Financial Group	Upgrade	Hold ➝ Buy		High
5/1/2018	Stifel Nicolaus	Set Price Target	Buy ➝ Buy	$45.00 ➝ $42.00	Low
4/19/2018	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$40.00	Low
4/17/2018	Barclays	Lower Price Target	Equal Weight ➝ Equal Weight	$39.00 ➝ $37.00	Low
4/16/2018	Guggenheim	Upgrade	Neutral ➝ Buy	$40.00	High
4/11/2018	Mizuho	Set Price Target	Buy	$41.00	Medium
4/10/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$46.00 ➝ $44.00	Low
3/23/2018	Morgan Stanley	Upgrade	Equal ➝ Equal Weight	$40.00	Medium
2/5/2018	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$38.00	Medium
2/2/2018	Royal Bank of Canada	Reiterated Rating	Outperform	$44.00 ➝ $43.00	High
2/2/2018	Citigroup	Reiterated Rating	Buy ➝ Buy	$46.00	High
2/1/2018	Stifel Nicolaus	Reiterated Rating	Buy	$45.00	Medium
1/17/2018	Barclays	Downgrade	Overweight ➝ Equal Weight	$39.00	Medium
1/9/2018	Bank of America	Initiated Coverage	Buy		Low
1/4/2018	Credit Suisse Group	Initiated Coverage	Outperform ➝ Outperform	$43.00	Low
12/18/2017	Guggenheim	Downgrade	Buy ➝ Neutral	$36.00	Medium
11/15/2017	Royal Bank of Canada	Reiterated Rating	Buy	$46.00	N/A
10/27/2017	UBS Group	Boost Price Target	Buy	$43.00 ➝ $44.00	N/A
10/27/2017	Stifel Nicolaus	Lower Price Target	Buy	$42.00 ➝ $41.00	N/A
10/20/2017	Mizuho	Reiterated Rating	Buy	$40.00	N/A
10/19/2017	Barclays	Reiterated Rating	Buy	$39.00	N/A
10/4/2017	Scotiabank	Reiterated Rating	Buy	$44.00	N/A
9/5/2017	Stifel Nicolaus	Reiterated Rating	Buy	$43.00 ➝ $42.00	Medium
8/28/2017	Jefferies Financial Group	Lower Price Target	Buy	$42.00 ➝ $41.00	Low
7/28/2017	Royal Bank of Canada	Reiterated Rating	Buy		Low
7/22/2017	Scotiabank	Set Price Target	Buy	$44.00	Low
7/20/2017	Guggenheim	Initiated Coverage	Buy ➝ Buy	$40.00	High
4/19/2017	Jefferies Financial Group	Reiterated Rating	Buy	$44.00	Low
4/3/2017	Citigroup	Boost Price Target	Buy	$44.00 ➝ $45.00	Low
3/17/2017	Royal Bank of Canada	Reiterated Rating	Buy	$47.00	Low
3/2/2017	(FBRC)	Reiterated Rating	Hold		N/A
3/1/2017	Citigroup	Upgrade	Neutral ➝ Overweight	$42.00 ➝ $43.00	N/A
3/1/2017	UBS Group	Upgrade	Neutral ➝ Overweight		N/A
3/1/2017	Mitsubishi UFJ Financial Group	Upgrade	Neutral ➝ Overweight	$43.00	N/A
2/2/2017	Barclays	Boost Price Target	Overweight	$42.00 ➝ $44.00	N/A
2/2/2017	(FBRC)	Boost Price Target	Mkt Perform	$35.00 ➝ $38.00	N/A
1/10/2017	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform		N/A
1/4/2017	Mizuho	Upgrade	Neutral ➝ Buy	$37.00 ➝ $42.00	N/A
12/8/2016	Evercore ISI	Upgrade	Hold ➝ Buy	$27.00 ➝ $39.00	N/A
10/31/2016	Citigroup	Upgrade	Market Perform ➝ Strong-Buy		N/A
10/31/2016	Raymond James	Upgrade	Mkt Perform ➝ Strong-Buy	$42.00	N/A
10/31/2016	UBS Group	Upgrade	Outperform ➝ Strong-Buy		N/A
10/31/2016	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$40.00	N/A
10/30/2016	(FBRC)	Set Price Target	Hold	$35.00	N/A
10/28/2016	Mizuho	Boost Price Target	Neutral	$35.00 ➝ $37.00	N/A
10/15/2016	Jefferies Financial Group	Set Price Target	Hold	$35.00	N/A
9/30/2016	Mizuho	Initiated Coverage	Neutral	$35.00	N/A
9/9/2016	(FBRC)	Initiated Coverage	Market Perform	$35.00	N/A
8/23/2016	Jefferies Financial Group	Initiated Coverage	Hold	$35.00	N/A

(Data available from 7/25/2016 forward)

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.

Today's Range

Now: $27.96

$27.57

$28.00

50 Day Range

MA: $29.18

$26.20

$31.14

52 Week Range

Now: $27.96

$15.05

$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?

Other companies that are similar to Mplx include Enbridge, Magellan Midstream Partners, Phillips 66 Partners, Plains All American Pipeline, Shell Midstream Partners, Holly Energy Partners, Plains GP, NuStar Energy, Delek Logistics Partners, BP Midstream Partners, Genesis Energy, PBF Logistics and Blueknight Energy Partners.

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.