
How Are Analysts Rating MPC after Its 3Q16 Earnings?
By Maitali RamkumarDec. 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.
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.
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