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Magellan Midstream Partners L.P. (MMP)
NYSE:MMP
US Market

Magellan Midstream Stock Forecast & Price Target

1,613 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
4Ratings
2 Buy
2 Hold
0 Sell
Based on 4 analysts giving stock ratings to
Magellan
Midstream
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MMP Stock Price Prediction

Average Price Target

$56.25
▲(18.40% Upside)
Based on 4 Wall Street analysts offering 12 month price targets for Magellan Midstream in the last 3 months. The average price target is $56.25 with a high forecast of $61.00 and a low forecast of $52.00. The average price target represents a 18.40% change from the last price of $47.51.
Highest Price Target$61.00Average Price Target$56.25Lowest Price Target$52.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Bank of America Securities
$49.00
Sell
3.14%
Upside
Reiterated
Bank of America Securities Keeps Their Sell Rating on Magellan Midstream (MMP)
Credit Suisse
$52.00
Hold
9.45%
Upside
Reiterated
Magellan Midstream Partners (MMP) PT Raised to $52 at Credit SuisseCredit Suisse analyst Spiro Dounis raised the price target on Magellan Midstream Partners (NYSE: MMP) to $52.00 (from $50.00) while maintaining a Neutral rating.
Citigroup
$51.00
Hold
7.35%
Upside
Downgraded
Citi Downgrades Magellan Midstream Partners (MMP) to NeutralCiti analyst Timm Schneider downgraded Magellan Midstream Partners (NYSE: MMP) from Buy to Neutral with a price target of $51.00.
Raymond James
$51.00
Buy
7.35%
Upside
Reiterated
Magellan Midstream Partners (MMP) PT Raised to $51 at Raymond JamesRaymond James analyst Justin Jenkins raised the price target on Magellan Midstream Partners (NYSE: MMP) to $51.00 (from $50.00) while maintaining a Outperform rating.
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MMP Stock Forecast FAQ

What is MMP’s average 12-month price target, according to analysts?
Based on analyst ratings, Magellan Midstream’s 12-month average price target is $56.25.
    What is MMP’s upside potential, based on the analysts’ average price target?
    Magellan Midstream has 18.40% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MMP a Buy, Sell or Hold?
          Magellan Midstream has a conensus rating of Moderate Buy which is based on 2 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Magellan Midstream’s price target?
            The average price target for Magellan Midstream is $56.25. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $61.00 ,the lowest forecast is $52.00. The average price target represents 18.40% Increase from the current price of $47.51.
              What do analysts say about Magellan Midstream?
              Magellan Midstream’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 4 Wall Streets Analysts.

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