First Time Loading...

MGP Ingredients Inc
NASDAQ:MGPI

Watchlist Manager
MGP Ingredients Inc Logo
MGP Ingredients Inc
NASDAQ:MGPI
Watchlist
Price: 80.62 USD -1.99% Market Closed
Updated: May 5, 2024

Wall Street
Price Targets

MGPI Price Targets Summary
MGP Ingredients Inc

Wall Street analysts forecast MGPI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGPI is 116.43 USD with a low forecast of 95.95 USD and a high forecast of 141.75 USD.

Lowest
Price Target
95.95 USD
19% Upside
Average
Price Target
116.43 USD
44% Upside
Highest
Price Target
141.75 USD
76% Upside

MGPI Last Price Targets
MGP Ingredients Inc

The latest public price target was made on Aug 7, 2023 by Bill Chappell from Truist Financial , who expects MGPI stock to rise by 74% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Bill Chappell
Truist Financial
140 USD
Upside 74%
8 months ago
Aug 7, 2023
MGP Ingredients Poised For Growth: Analyst Praises Whiskey Orders And Acquisition Upside
Benzinga
Bill Chappell
Truist Financial
125 USD
Upside 55%
9 months ago
Jul 31, 2023
MGP Ingredients' Transformative Acquisitions Set To Enhance Future Valuation: Analyst
Benzinga
Unknown Analyst
Wells Fargo
118 USD
Upside 46%
1 year ago
Feb 2, 2023
Wells Fargo Maintains Overweight on MGP Ingredients, Lowers Price Target to $118
Benzinga
Bill Chappell
Truist Financial
Price Target 140 USD
Upside/Downside 74%
View Source
Bill Chappell
Truist Financial
Price Target 125 USD
Upside/Downside 55%
View Source
Unknown Analyst
Wells Fargo
Price Target 118 USD
Upside/Downside 46%
View Source
MGP Ingredients Inc Competitors:
Price Targets
EMI
Emperador Inc
7% Upside
RADICO
Radico Khaitan Ltd
1% Downside
000858
Wuliangye Yibin Co Ltd
30% Upside
828
Dynasty Fine Wines Group Ltd
485% Upside
000869
Yantai Changyu Pioneer Wine Co Ltd
17% Upside
MBWS
Marie Brizard Wine and Spirits SA
12% Downside
STZ
Constellation Brands Inc
20% Upside
BELU
Novabev Group PAO
6% Downside

Revenue
Forecast

Revenue Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's revenue is 12%. The projected CAGR for the next 2 years is -2%.

12%
Past Growth
-2%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's operating income is 23%. The projected CAGR for the next 2 years is 13%.

23%
Past Growth
13%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's net income is 20%. The projected CAGR for the next 2 years is 20%.

20%
Past Growth
20%
Estimated Growth
Estimates Accuracy
-18%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGPI's stock price target?
Price Target
116.43 USD

According to Wall Street analysts, the average 1-year price target for MGPI is 116.43 USD with a low forecast of 95.95 USD and a high forecast of 141.75 USD.

What is MGP Ingredients Inc's Revenue forecast?
Projected CAGR
-2%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's revenue is 12%. The projected CAGR for the next 2 years is -2%.

What is MGP Ingredients Inc's Operating Income forecast?
Projected CAGR
13%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's operating income is 23%. The projected CAGR for the next 2 years is 13%.

What is MGP Ingredients Inc's Net Income forecast?
Projected CAGR
20%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's net income is 20%. The projected CAGR for the next 2 years is 20%.