MAGELLAN MIDSTREAM PARTNERS (MMP)

US5590801065

69  +0.46 (+0.67%)

After market: 69.01 +0.01 (+0.01%)

Buy % Consensus

65

ChartMill assigns a Buy % Consensus number of 65% to MMP. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 65.85. This target is -4.57% below the current price.
MMP was analyzed by 16 analysts. The buy percentage consensus is at 65. So analysts seem to be rather neutral about MMP.
In the previous month the buy percentage consensus was at a similar level.
MMP was analyzed by 16 analysts, which is quite many. So the average rating should be quite meaningful.

Price Target & Forecast

Price Low Median Mean High 69.0056.5667.3265.8572.45 - -18.03% -2.43% -4.57% 5.00%
Up and Down Grades
Date Firm Action Rating
2023-08-16 Argus Research Downgrade Hold -> Sell
2023-07-06 Citigroup Reiterate Neutral -> Neutral
2023-05-18 Stifel Downgrade Buy -> Hold
2023-05-17 RBC Capital Downgrade Outperform -> Sector Perform
2023-05-17 Citigroup Downgrade Buy -> Neutral
2023-05-15 Mizuho Maintains Neutral -> Neutral
2023-05-08 Wells Fargo Maintains Equal-Weight
2023-04-21 RBC Capital Downgrade Outperform -> Market Perform
2023-04-21 Raymond James Downgrade Outperform -> Market Perform
2023-04-18 Barclays Maintains Overweight
2023-03-15 RBC Capital Reiterate Outperform
2023-02-07 Wells Fargo Maintains Equal-Weight
2023-02-07 Citigroup Maintains Buy
2023-02-03 Raymond James Maintains Outperform
2023-01-18 Barclays Upgrade Equal-Weight -> Overweight
2023-01-09 Morgan Stanley Maintains Underweight
2022-12-16 Wells Fargo Downgrade Overweight -> Equal-Weight
2022-12-09 Citigroup Initiate Buy
2022-11-16 Wolfe Research Downgrade Peer Perform -> Underperform
2022-11-01 RBC Capital Maintains Outperform
2022-10-31 Barclays Maintains Equal-Weight
2022-10-28 Mizuho Maintains Neutral
2022-10-28 Raymond James Maintains Outperform
2022-10-13 Barclays Maintains Equal-Weight
2022-08-03 RBC Capital Maintains Outperform
2022-06-09 Goldman Sachs Upgrade Neutral -> Buy
2022-05-31 Wells Fargo Upgrade Equal-Weight -> Overweight
2022-05-25 JP Morgan Upgrade Neutral -> Overweight
2022-05-20 Wells Fargo Maintains Equal-Weight
2022-04-28 Wells Fargo Maintains Equal-Weight