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Magellan Midstream Partners LP
NYSE:MMP

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Magellan Midstream Partners LP Logo
Magellan Midstream Partners LP
NYSE:MMP
Watchlist
Price: 69 USD 0.67%
Updated: May 2, 2024

Wall Street
Price Targets

MMP Price Targets Summary
Magellan Midstream Partners LP

Wall Street analysts forecast MMP stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MMP is 63 USD .

Lowest
Price Target
Not Available
Average
Price Target
63 USD
9% Downside
Highest
Price Target
Not Available

MMP Last Price Targets
Magellan Midstream Partners LP

The latest public price target was made on May 17, 2023 by Elvira Scotto from RBC Capital , who expects MMP stock to drop by 4% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Elvira Scotto
RBC Capital
66 USD
Downside 4%
11 months ago
May 17, 2023
Analyst Gives A Thumbs Up To Magellan Midstream Partners-ONEOK Merger, Calls It Positive
Benzinga
Unknown Analyst
Citigroup
57 USD
Downside 17%
1 year ago
Feb 7, 2023
Citigroup Maintains Buy on Magellan Midstream, Raises Price Target to $57
Benzinga
Unknown Analyst
Wells Fargo
58 USD
Downside 16%
1 year ago
Feb 7, 2023
Wells Fargo Maintains Equal-Weight on Magellan Midstream, Raises Price Target to $58
Benzinga
Unknown Analyst
Raymond James
58 USD
Downside 16%
1 year ago
Feb 3, 2023
Raymond James Maintains Outperform on Magellan Midstream, Raises Price Target to $58
Benzinga
Elvira Scotto
RBC Capital
Price Target 66 USD
Upside/Downside 4%
View Source
Unknown Analyst
Citigroup
Price Target 57 USD
Upside/Downside 17%
View Source
Unknown Analyst
Wells Fargo
Price Target 58 USD
Upside/Downside 16%
View Source
Unknown Analyst
Raymond James
Price Target 58 USD
Upside/Downside 16%
View Source
Magellan Midstream Partners LP Competitors:
Price Targets
AEGISCHEM
Aegis Logistics Ltd
29% Downside
TRP
TC Energy Corp
12% Upside
ENB
Enbridge Inc
10% Upside
TRMD A
Torm PLC
18% Upside
VPK
Koninklijke Vopak NV
6% Upside
AKRA
AKR Corporindo Tbk PT
21% Upside
NVGS
Navigator Holdings Ltd
30% Upside
FLUX
Fluxys Belgium NV
27% Upside

Revenue
Forecast

Revenue Estimate
Magellan Midstream Partners LP

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's revenue is 4%. The projected CAGR for the next 3 years is 5%.

4%
Past Growth
5%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Magellan Midstream Partners LP

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's operating income is 0%. The projected CAGR for the next 3 years is 10%.

0%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-11%
Average Miss

Net Income
Forecast

Net Income Estimate
Magellan Midstream Partners LP

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's net income is 3%. The projected CAGR for the next 3 years is 2%.

3%
Past Growth
2%
Estimated Growth
Estimates Accuracy
11%
Average Beat

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 MMP's stock price target?
Price Target
63 USD

According to Wall Street analysts, the average 1-year price target for MMP is 63 USD .

What is Magellan Midstream Partners LP's Revenue forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's revenue is 4%. The projected CAGR for the next 3 years is 5%.

What is Magellan Midstream Partners LP's Operating Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's operating income is 0%. The projected CAGR for the next 3 years is 10%.

What is Magellan Midstream Partners LP's Net Income forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Magellan Midstream Partners LP's net income is 3%. The projected CAGR for the next 3 years is 2%.