Analysts Offer Insights on Energy Companies: MPLX (MPLX) and Marathon Petroleum (MPC)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on MPLX (MPLX – Research Report) and Marathon Petroleum (MPC – Research Report).
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MPLX (MPLX)
In a report released yesterday, Robert Kad from Morgan Stanley maintained a Hold rating on MPLX, with a price target of $62.00. The company’s shares closed last Tuesday at $55.27.
According to TipRanks.com, Kad is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MPLX with a $58.14 average price target.
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Marathon Petroleum (MPC)
In a report released yesterday, Jason Gabelman from TD Cowen maintained a Buy rating on Marathon Petroleum, with a price target of $198.00. The company’s shares closed last Tuesday at $187.58.
According to TipRanks.com, Gabelman is a 4-star analyst with an average return of
Marathon Petroleum has an analyst consensus of Moderate Buy, with a price target consensus of $197.75, a 9.4% upside from current levels. In a report issued on January 27, Morgan Stanley also maintained a Buy rating on the stock with a $200.00 price target.
