MGP Ingredients, Inc. (MGPI) Social Stream
MGP INGREDIENTS INC (MGPI) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering MGP INGREDIENTS INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-04 | 1 | $80 | $80 | $80 | $91.82 | -12.87% |
| 2021-11-29 | 1 | $100 | $100 | $100 | $91.82 | 8.91% |
| 2022-02-18 | 2 | $100 | $99 | $99.5 | $91.82 | 8.36% |
| 2022-04-29 | 3 | $100 | $99 | $99.666 | $91.82 | 8.54% |
| 2022-05-05 | 3 | $125 | $99 | $108 | $91.82 | 17.62% |
| 2022-05-25 | 3 | $125 | $100 | $113.333 | $91.82 | 23.43% |
| 2022-08-04 | 4 | $125 | $100 | $113.75 | $91.82 | 23.88% |
| 2022-08-05 | 4 | $125 | $115 | $121.25 | $91.82 | 32.05% |
| 2022-08-08 | 4 | $125 | $120 | $122.5 | $91.82 | 33.41% |
| 2022-08-15 | 5 | $126 | $120 | $123.2 | $91.82 | 34.18% |
| 2022-11-03 | 6 | $126 | $120 | $123.5 | $91.82 | 34.5% |
| 2022-11-04 | 6 | $140 | $125 | $128.5 | $91.82 | 39.95% |
| 2023-02-17 | 6 | $140 | $118 | $126.833 | $91.82 | 38.13% |
| 2023-07-31 | 5 | $140 | $118 | $126.833 | $91.82 | 38.13% |
| 2023-08-07 | 5 | $140 | $118 | $131.333 | $91.82 | 43.03% |
| 2023-11-03 | 5 | $140 | $130 | $136 | $91.82 | 48.12% |
| 2023-11-07 | 5 | $140 | $120 | $134 | $91.82 | 45.94% |
| 2023-12-07 | 6 | $150 | $120 | $134.166 | $91.82 | 46.12% |
The Trend in the Analyst Price Target
MGPI's average price target has moved up $3.67 over the prior 13 months.
Over the past 44 weeks, MGPI's average upside potential has been 32.09%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-04-10 | 5 | 140 | 118 | 126.833 | 96.77 | 31.07% |
| 2023-10-27 | 5 | 140 | 130 | 136.666 | 93.82 | 45.67% |
| 2023-11-07 | 5 | 140 | 120 | 134.000 | 97.28 | 37.75% |
| 2023-12-07 | 6 | 150 | 120 | 134.166 | 86.44 | 55.21% |
| 2023-12-07 | 5 | 150 | 120 | 134.166 | 86.44 | 55.21% |
MGPI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 5 | 0 | 0 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 153 days, MGPI's average broker recommendation rating improved by 0.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how MGP INGREDIENTS INC fares relative to all US stocks, note that its variance in analysts' estimates is lower than -136.79% of that group.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, MGP INGREDIENTS INC's average analyst price target is greater than 2355.64% of them.
- MGPI has a higher number of analysts covering the stock than 424.84% of Consumer Defensive stocks.
- In the context of Wholesale stocks, MGP INGREDIENTS INC's upside potential (average analyst target price relative to current price) is greater than 1839.23% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Wholesale industry with the ratings most similar to MGP INGREDIENTS INC are GMS, BCC, and BECN.
View All Top Stocks by Price Target
What is the outlook for MGPI? Use POWR Ratings for clearer insight into price direction.