In a report released today, Justin Jenkins from Raymond James maintained a Buy rating on Marathon Petroleum (MPC – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $109.03.
According to TipRanks, Jenkins is ranked #228 out of 8336 analysts.
Marathon Petroleum has an analyst consensus of Moderate Buy, with a price target consensus of $142.89.
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The company has a one-year high of $137.89 and a one-year low of $75.71. Currently, Marathon Petroleum has an average volume of 4.26M.
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Founded in 1887, Ohio-based Marathon Petroleum Corp. is a petroleum refining company, which is engaged in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Retail, and Midstream.
Read More on MPC:
- Oil Trading Daily: Oil Closes Higher on Saudi Production Cut
- OXY, COP, MPC: Eye these 3 Energy Stocks as Saudi Cuts Production
- Marathon Petroleum price target lowered to $124 from $135 at Wells Fargo
- Marathon Petroleum increases share repurchase authorization by $5B
- Marathon Petroleum reports Q1 EPS $6.09, consensus $5.74
