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How Are Analysts Rating MPC after Its 3Q16 Earnings?

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Dec. 4 2020, Updated 10:52 a.m. ET

Majority of analysts rate MPC as a “buy”

The analyst survey shows that nine out of the 12 companies surveyed rated Marathon Petroleum (MPC) as a “buy,” “overweight,” or “outperform.” The highest and lowest 12-month price targets stand at $58 and $42, indicating a 35% rise and 2% fall from current levels, respectively. The average price target of $50 implies a 16% gain.

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Peer recommendations

In comparison, Delek US Holdings (DK), HollyFrontier (HFC), and PBF Energy (PBF) have been rated as a “buy” by 33%, 29%, and 33% of the analysts surveyed, respectively.

If you’re looking for broad-based exposure to energy sector stocks, you can consider the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

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