| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/06/2023 | 21.07% | Truist Securities | → $140 | Reiterates | Buy → Buy |
| 08/07/2023 | 21.07% | Truist Securities | $125 → $140 | Maintains | Buy |
| 07/14/2023 | 8.09% | Truist Securities | → $125 | Reiterates | Buy → Buy |
| 05/18/2023 | 10.69% | Wedbush | → $128 | Reiterates | Outperform → Outperform |
| 02/02/2023 | 2.04% | Wells Fargo | $128 → $118 | Maintains | Overweight |
| 11/04/2022 | 10.69% | Wells Fargo | $126 → $128 | Maintains | Overweight |
| 10/11/2022 | 8.09% | Wedbush | → $125 | Initiates Coverage On | → Outperform |
| 08/15/2022 | 8.96% | Wells Fargo | → $126 | Initiates Coverage On | → Overweight |
| 06/30/2022 | -0.55% | Roth Capital | → $115 | Initiates Coverage On | → Buy |
| 02/22/2022 | -13.52% | Lake Street | → $100 | Initiates Coverage On | → Buy |
| 01/21/2022 | -14.39% | Cowen & Co. | → $99 | Initiates Coverage On | → Outperform |
| 11/29/2021 | -13.52% | Truist Securities | $80 → $100 | Upgrades | Hold → Buy |
| 02/26/2021 | — | Truist Securities | Downgrades | Buy → Hold | |
| 07/16/2020 | -61.09% | Berenberg | → $45 | Initiates Coverage On | → Buy |
| 04/15/2020 | -56.76% | National Securities Corporation | → $50 | Initiates Coverage On | → Buy |
| 04/09/2020 | -61.09% | SunTrust Robinson Humphrey | $40 → $45 | Maintains | Buy |
| 04/06/2020 | — | SunTrust Robinson Humphrey | Upgrades | Hold → Buy | |
| 01/21/2020 | — | Craig-Hallum | Downgrades | Buy → Hold | |
| 01/21/2020 | -52.44% | SunTrust Robinson Humphrey | $80 → $55 | Downgrades | Buy → Hold |
| 01/17/2020 | -52.44% | SunTrust Robinson Humphrey | $80 → $55 | Downgrades | Buy → Hold |
What is the target price for MGP Ingredients (MGPI)?
The latest price target for MGP Ingredients (NASDAQ: MGPI) was reported by Truist Securities on September 6, 2023. The analyst firm set a price target for $140.00 expecting MGPI to rise to within 12 months (a possible 21.07% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MGP Ingredients (MGPI)?
The latest analyst rating for MGP Ingredients (NASDAQ: MGPI) was provided by Truist Securities, and MGP Ingredients reiterated their buy rating.
When is the next analyst rating going to be posted or updated for MGP Ingredients (MGPI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGP Ingredients, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MGP Ingredients was filed on September 6, 2023 so you should expect the next rating to be made available sometime around September 6, 2024.
Is the Analyst Rating MGP Ingredients (MGPI) correct?
While ratings are subjective and will change, the latest MGP Ingredients (MGPI) rating was a reiterated with a price target of $0.00 to $140.00. The current price MGP Ingredients (MGPI) is trading at is $115.64, which is within the analyst's predicted range.