Magellan Midstream Partners L.P. Limited Partnership (MMP) Social Stream
MAGELLAN MIDSTREAM PARTNERS LP (MMP) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MMP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 12 | $55 | $45 | $51.818 | $69 | -24.9% |
| 2021-11-15 | 11 | $55 | $45 | $51.909 | $69 | -24.77% |
| 2021-11-18 | 11 | $56 | $45 | $52.09 | $69 | -24.51% |
| 2021-12-15 | 10 | $56 | $45 | $52.181 | $69 | -24.38% |
| 2021-12-16 | 11 | $56 | $45 | $52.181 | $69 | -24.38% |
| 2022-01-07 | 11 | $56 | $45 | $51.818 | $69 | -24.9% |
| 2022-01-14 | 10 | $56 | $45 | $51.818 | $69 | -24.9% |
| 2022-01-18 | 10 | $56 | $45 | $51.727 | $69 | -25.03% |
| 2022-02-02 | 11 | $57 | $45 | $51.636 | $69 | -25.17% |
| 2022-02-14 | 11 | $57 | $45 | $51.545 | $69 | -25.3% |
| 2022-03-30 | 11 | $56 | $45 | $51.363 | $69 | -25.56% |
| 2022-04-19 | 11 | $56 | $48 | $52.2 | $69 | -24.35% |
| 2022-04-25 | 11 | $57 | $48 | $52.3 | $69 | -24.2% |
| 2022-04-26 | 11 | $57 | $48 | $52.7 | $69 | -23.62% |
| 2022-05-13 | 10 | $57 | $48 | $52.666 | $69 | -23.67% |
| 2022-05-25 | 10 | $57 | $48 | $53.222 | $69 | -22.87% |
| 2022-06-03 | 10 | $57 | $51 | $53.555 | $69 | -22.38% |
| 2022-07-28 | 10 | $59 | $51 | $54.1 | $69 | -21.59% |
| 2022-08-02 | 11 | $59 | $51 | $54.4 | $69 | -21.16% |
| 2022-08-13 | 11 | $59 | $51 | $54.727 | $69 | -20.69% |
| 2022-09-02 | 11 | $61 | $51 | $55.09 | $69 | -20.16% |
| 2022-09-17 | 11 | $61 | $51 | $55.272 | $69 | -19.9% |
| 2022-10-13 | 11 | $61 | $49 | $55.2 | $69 | -20% |
| 2022-10-19 | 11 | $61 | $48 | $54.545 | $69 | -20.95% |
| 2022-10-27 | 11 | $60 | $48 | $54.545 | $69 | -20.95% |
| 2022-10-28 | 13 | $60 | $48 | $55.083 | $69 | -20.17% |
| 2022-10-31 | 13 | $60 | $52 | $56.083 | $69 | -18.72% |
| 2022-11-01 | 13 | $60 | $52 | $56.166 | $69 | -18.6% |
| 2022-11-16 | 12 | $60 | $49 | $55.615 | $69 | -19.4% |
| 2022-11-21 | 12 | $62 | $49 | $55.769 | $69 | -19.18% |
| 2022-12-09 | 13 | $62 | $49 | $55.785 | $69 | -19.15% |
| 2023-01-09 | 13 | $62 | $49 | $56.071 | $69 | -18.74% |
| 2023-01-27 | 13 | $62 | $49 | $56.214 | $69 | -18.53% |
| 2023-02-02 | 13 | $64 | $49 | $56.357 | $69 | -18.32% |
| 2023-02-03 | 13 | $64 | $49 | $56.714 | $69 | -17.81% |
| 2023-02-07 | 13 | $64 | $49 | $56.785 | $69 | -17.7% |
| 2023-03-14 | 13 | $64 | $49 | $56.928 | $69 | -17.5% |
| 2023-04-13 | 13 | $64 | $49 | $57.071 | $69 | -17.29% |
| 2023-04-19 | 13 | $64 | $49 | $57.428 | $69 | -16.77% |
| 2023-04-25 | 13 | $64 | $49 | $57.384 | $69 | -16.83% |
| 2023-05-10 | 13 | $64 | $49 | $57.769 | $69 | -16.28% |
| 2023-05-12 | 11 | $64 | $49 | $58.166 | $69 | -15.7% |
| 2023-05-17 | 11 | $64 | $49 | $58.666 | $69 | -14.98% |
| 2023-05-19 | 11 | $66 | $49 | $59.5 | $69 | -13.77% |
| 2023-07-14 | 9 | $66 | $49 | $59.545 | $69 | -13.7% |
| 2023-07-18 | 9 | $68 | $49 | $60.272 | $69 | -12.65% |
| 2023-07-27 | 9 | $70 | $49 | $60.818 | $69 | -11.86% |
| 2023-08-04 | 9 | $70 | $49 | $62.181 | $69 | -9.88% |
| 2023-08-07 | 9 | $70 | $49 | $62.272 | $69 | -9.75% |
| 2023-08-17 | 10 | $69 | $49 | $62.181 | $69 | -9.88% |
The Trend in the Analyst Price Target
MMP's average price target has moved up $10.27 over the prior 21 months.
MMP reports an average of 3.46% for its upside potential over the past 44 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-10-31 | 13 | 60 | 52 | 56.083 | 53.95 | 3.95% |
| 2023-01-30 | 13 | 64 | 49 | 56.357 | 53.49 | 5.36% |
| 2023-04-05 | 13 | 64 | 49 | 57.071 | 54.12 | 5.45% |
| 2023-05-10 | 13 | 64 | 49 | 57.769 | 54.98 | 5.07% |
| 2023-07-18 | 9 | 68 | 49 | 60.272 | 64.50 | -6.56% |
MMP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.8 | 2 | 0 | 7 | 1 | 1 | 10 |
The Trend in the Broker Recommendations
Over the past 20 months, MMP's average broker recommendation rating worsened by 0.06.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- MAGELLAN MIDSTREAM PARTNERS LP's upside potential (average analyst target price relative to current price) is higher than 295.04% of all US stocks.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MAGELLAN MIDSTREAM PARTNERS LP's variance in analysts' estimates is lower than -819.13% of them.
- In terms of how MAGELLAN MIDSTREAM PARTNERS LP fares relative to stocks in the large market cap category, note that its average analyst price target is greater than 2014.78% of that group.
- In terms of how MAGELLAN MIDSTREAM PARTNERS LP fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 2214.82% of that group.
In terms of price targets and recommendations offered by analysts, the stocks in the Transportation industry with the ratings most similar to MAGELLAN MIDSTREAM PARTNERS LP are GXO, NCLH, and KNX.
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