MGP Ingredients, Inc. (MGPI) Social Stream
MGP INGREDIENTS INC (MGPI) Price Targets From Analysts
Use the tables below to see what analysts covering MGP INGREDIENTS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-04 | 1 | $80 | $80 | $80 | $94.74 | -15.56% |
| 2021-11-29 | 1 | $100 | $100 | $100 | $94.74 | 5.55% |
| 2022-02-18 | 2 | $100 | $99 | $99.5 | $94.74 | 5.02% |
| 2022-04-29 | 3 | $100 | $99 | $99.666 | $94.74 | 5.2% |
| 2022-05-05 | 3 | $125 | $99 | $108 | $94.74 | 14% |
| 2022-05-25 | 3 | $125 | $100 | $113.333 | $94.74 | 19.63% |
| 2022-08-04 | 4 | $125 | $100 | $113.75 | $94.74 | 20.07% |
| 2022-08-05 | 4 | $125 | $115 | $121.25 | $94.74 | 27.98% |
| 2022-08-08 | 4 | $125 | $120 | $122.5 | $94.74 | 29.3% |
| 2022-08-15 | 5 | $126 | $120 | $123.2 | $94.74 | 30.04% |
| 2022-11-03 | 6 | $126 | $120 | $123.5 | $94.74 | 30.36% |
| 2022-11-04 | 6 | $140 | $125 | $128.5 | $94.74 | 35.63% |
The Trend in the Analyst Price Target
MGPI's average price target has moved up $56.5 over the prior 16 months.
MGPI reports an average of 17.15% for its upside potential over the past 37 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-18 | 3 | 100 | 99 | 99.500 | 78.18 | 27.27% |
| 2022-04-29 | 3 | 100 | 99 | 99.666 | 91.33 | 9.13% |
| 2022-05-05 | 3 | 125 | 99 | 108.000 | 96.42 | 12.01% |
| 2022-08-05 | 4 | 125 | 115 | 121.250 | 109.03 | 11.21% |
| 2022-11-03 | 6 | 126 | 120 | 123.500 | 111.03 | 11.23% |
MGPI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 6 | 0 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
MGPI's average broker recommendation rating improved by 1 over the prior 31 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, MGP INGREDIENTS INC's variance in analysts' estimates is lower than -38.2% of them.
- 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 1418.77% of them.
- To contextualize these metrics, consider that out of Consumer Defensive stocks, MGP INGREDIENTS INC's number of analysts covering the stock is greater than 247.77% of them.
- MGPI has a greater upside potential (average analyst target price relative to current price) than 878.02% of Wholesale stocks.
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.
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