Marathon Petroleum Corporation (MPC) Receives ‘Analyst’ Rating

Marathon Petroleum Corporation (MPC) has an average broker rating of 1.85, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Marathon Petroleum Corporation (MPC) : Average target price received by Marathon Petroleum Corporation (MPC) is $49.3 with an expected standard deviation of $5.66. The most aggressive target on the stock is $58, whereas the most downbeat target is $41. 10 financial analysts are currently covering the stock.


Also, Piper Jaffray maintains its rating on Marathon Petroleum Corporation (NYSE:MPC). The global brokerage major raises the current price target from $35 per share to $41 per share. Analysts at the Piper Jaffray have a current rating of Neutral on the shares. The rating by the firm was issued on August 22, 2016.

Marathon Petroleum Corporation (NYSE:MPC): After opening at $42.04, the stock dipped to an intraday low of $42.04 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.14 and the buying power remained strong till the end. The stock closed at $43.74 for the day, a gain of 4.47% for the day session. The total traded volume was 6,679,305. The stocks close on the previous trading day was $41.87.

Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast, and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.

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