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Mplx - MPLX Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $43.86
  • Forecasted Upside: 4.77%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$41.86 As of 04/26/2024 01:32 PM ET
▼ -0.02 (-0.05%)

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

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Analyst Price Target for MPLX

Analyst Price Target is $43.86
▲ +4.77% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Mplx in the last 3 months. The average price target is $43.86, with a high forecast of $49.00 and a low forecast of $40.00. The average price target represents a 4.77% upside from the last price of $41.86.

This chart shows the closing price for MPLX 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 7 contributing investment analysts is to moderate buy stock in Mplx. This Moderate 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
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/12/2024UBS GroupBoost TargetBuy ➝ Buy$46.00 ➝ $49.00Low
4/5/2024BarclaysBoost TargetOverweight ➝ Overweight$40.00 ➝ $43.00Low
3/1/2024UBS GroupBoost TargetBuy ➝ Buy$44.00 ➝ $46.00Low
1/31/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$45.00 ➝ $46.00Low
1/31/2024Raymond JamesBoost TargetOutperform ➝ Outperform$44.00 ➝ $45.00Low
10/5/2023The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$40.00Low
8/16/2023Stifel NicolausBoost TargetBuy ➝ Buy$40.00 ➝ $42.00Low
7/21/2023Raymond JamesBoost TargetOutperform$42.00 ➝ $44.00Low
7/20/2023Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$42.00Low
5/10/2023Stifel NicolausBoost Target$38.00 ➝ $40.00Low
4/25/2023Morgan StanleyBoost Target$41.00 ➝ $42.00Low
4/21/2023Raymond JamesLower TargetOutperform$41.00 ➝ $40.00Low
4/5/2023BarclaysBoost TargetOverweight$37.00 ➝ $38.00Low
3/14/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$37.00 ➝ $41.00Low
2/7/2023CitigroupBoost TargetNeutral$33.50 ➝ $35.00Low
2/1/2023Raymond JamesBoost TargetOutperform$40.00 ➝ $41.00Low
1/9/2023Morgan StanleyBoost TargetEqual Weight$39.00 ➝ $41.00Low
1/9/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$36.00Low
12/8/2022CitigroupInitiated CoverageNeutral$33.50Low
11/7/2022Wells Fargo & CompanyLower TargetOverweight$41.00 ➝ $40.00Low
9/29/2022Bank Of America (Bofa)DowngradeUnderperformLow
9/29/2022Bank of AmericaDowngradeBuy ➝ Underperform$34.00Low
7/26/2022US Capital AdvisorsDowngradeOverweight ➝ HoldLow
7/8/2022UBS GroupLower TargetBuy$41.00 ➝ $40.00N/A
4/26/2022Morgan StanleyBoost TargetEqual Weight$37.00 ➝ $39.00Low
4/20/2022Raymond JamesBoost TargetOutperform$37.00 ➝ $39.00Low
2/3/2022Raymond JamesBoost TargetOutperform$35.00 ➝ $37.00Low
1/24/2022Raymond JamesBoost TargetOutperform$34.00 ➝ $35.00Medium
1/20/2022BarclaysBoost Target$34.00 ➝ $35.00Low
1/19/2022CitigroupBoost Target$32.00 ➝ $36.00Low
1/18/2022Bank of AmericaBoost TargetBuy$39.00 ➝ $43.00High
12/16/2021Wells Fargo & CompanyBoost TargetOverweight$34.00 ➝ $35.00Medium
11/23/2021Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $37.00Medium
10/19/2021BarclaysBoost TargetOverweight$33.00 ➝ $34.00Low
10/7/2021BarclaysBoost TargetOverweight$32.00 ➝ $33.00Medium
9/28/2021Bank of AmericaInitiated CoverageBuyLow
7/26/2021CitigroupReiterated RatingBuy$27.00 ➝ $27.96Low
7/21/2021Raymond JamesBoost TargetOutperform$30.00 ➝ $33.00Low
7/20/2021US Capital AdvisorsReiterated RatingOverweightLow
7/16/2021Wolfe ResearchDowngradeOutperform ➝ Peer Perform$30.00High
6/24/2021Wells Fargo & CompanyBoost TargetOverweight$32.00 ➝ $33.00High
6/18/2021Morgan StanleyBoost TargetEqual Weight$32.00 ➝ $33.00Medium
5/26/2021Morgan StanleyBoost TargetEqual Weight$30.00 ➝ $32.00Low
5/18/2021BarclaysBoost TargetOverweight$29.00 ➝ $32.00Medium
5/13/2021Wells Fargo & CompanyBoost TargetOverweight$31.00 ➝ $32.00Low
4/15/2021Raymond JamesBoost TargetOutperform$28.00 ➝ $30.00Low
3/22/2021Morgan StanleyBoost TargetEqual Weight$25.00 ➝ $30.00Low
2/16/2021Truist FinancialUpgradeHold ➝ BuyLow
1/11/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$28.00Low
12/11/2020Morgan StanleyBoost TargetEqual Weight$18.00 ➝ $25.00Low
12/9/2020BarclaysBoost TargetOverweight$24.00 ➝ $25.00Medium
10/21/2020Wolfe ResearchInitiated CoverageOutperformLow
9/25/2020Morgan StanleyLower TargetEqual Weight$21.00 ➝ $18.00Medium
9/9/2020The Goldman Sachs GroupInitiated CoverageBuy$24.00Low
8/4/2020CitigroupBoost 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 TargetOverweight$17.00 ➝ $21.00Low
5/14/2020Credit Suisse GroupBoost TargetOutperform$18.00 ➝ $22.00High
5/11/2020UBS GroupBoost TargetBuy$20.00 ➝ $21.00Low
4/30/2020Morgan StanleyBoost TargetOverweight$16.00 ➝ $17.00High
4/27/2020CitigroupLower TargetBuy$32.00 ➝ $21.00Low
4/16/2020Bank of AmericaLower 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 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 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 TargetOverweight$33.00 ➝ $27.00High
11/19/2019Credit Suisse GroupLower TargetOutperform$33.00 ➝ $29.00Medium
11/1/2019Royal Bank of CanadaSet TargetBuy$33.00Medium
10/8/2019Raymond JamesLower TargetOutperform$34.00 ➝ $32.00Medium
9/16/2019CitigroupLower 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 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 TargetOutperform$37.00 ➝ $38.00Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.78 (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
  • 12 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 7 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 8 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 23 very positive mentions
  • 22 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 17 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 15 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 15 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

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, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising fleet of boats and barges transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.
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Today's Range

Now: $41.86
Low: $41.75
High: $42.06

50 Day Range

MA: $40.54
Low: $38.46
High: $42.35

52 Week Range

Now: $41.86
Low: $33.12
High: $42.89

Volume

706,898 shs

Average Volume

2,167,561 shs

Market Capitalization

$42.31 billion

P/E Ratio

10.99

Dividend Yield

8.14%

Beta

1.35

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, Morgan Stanley, Raymond James, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for MPLX.

What is the current price target for Mplx?

7 Wall Street analysts have set twelve-month price targets for Mplx in the last year. Their average twelve-month price target is $43.86, suggesting a possible upside of 4.7%. UBS Group AG has the highest price target set, predicting MPLX will reach $49.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $40.00 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 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MPLX.

What other companies compete with Mplx?

Other companies that are similar to Mplx include Plains All American Pipeline, HF Sinclair, Enbridge, Kinder Morgan and GE Vernova. Learn More about companies similar to 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. Learn More about contacing Mplx investor relations.