Published On: Wed, Oct 19th, 2016

Latest Analyst Reports On Marathon Petroleum Corporation


Recently stock market analysts have updated their consensus ratings on shares of Marathon Petroleum Corporation (NYSE:MPC).

Most recent broker ratings

10/10/2016 – Marathon Petroleum Corporation had its “buy” rating reiterated by analysts at Goldman Sachs. They now have a USD 54 price target on the stock.

09/26/2016 – Marathon Petroleum Corporation had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch.

09/02/2016 – Marathon Petroleum Corporation had its “outperform” rating reiterated by analysts at Credit Suisse.

08/23/2016 – Jefferies began new coverage on Marathon Petroleum Corporation giving the company a “buy” rating. They now have a USD 48 price target on the stock.

07/11/2016 – Marathon Petroleum Corporation was downgraded to “sector perform” by analysts at Scotiabank. They now have a USD 42 price target on the stock.

07/08/2016 – Marathon Petroleum Corporation had its “outperform” rating reiterated by analysts at Wells Fargo.

05/19/2016 – UBS began new coverage on Marathon Petroleum Corporation giving the company a “sell” rating. They now have a USD 34 price target on the stock.

05/17/2016 – Marathon Petroleum Corporation had its “buy” rating reiterated by analysts at Citigroup.

04/29/2016 – Marathon Petroleum Corporation had its “top pick” rating reiterated by analysts at RBC Capital. They now have a USD 58 price target on the stock.

03/16/2016 – Marathon Petroleum Corporation had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 54 price target on the stock.

02/12/2016 – Marathon Petroleum Corporation had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 55 price target on the stock.

02/09/2016 – Marathon Petroleum Corporation had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 64 price target on the stock.

02/05/2016 – Marathon Petroleum Corporation was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 44 price target on the stock.

01/15/2016 – Marathon Petroleum Corporation had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 65 price target on the stock.

12/02/2015 – Marathon Petroleum Corporation had its “outperform” rating reiterated by analysts at Wolfe Research. They now have a USD 65 price target on the stock.

Marathon Petroleum Corporation has a 50 day moving average of 42.27 and a 200 day moving average of 38.95. The stock’s market capitalization is 22.59B, it has a 52-week low of 29.24 and a 52-week high of 59.99.

The share price of the company (NYSE:MPC) was up +2.10%, with a high of 43.04 during the day and the volume of Marathon Petroleum Corporation shares traded was 3060650.

Marathon Petroleum Corporation is engaged in petroleum product refining, marketing, retail and transportation businesses in the United States and the east of the Mississippi. The Company’s segments include Refining & Marketing, Speedway, and Midstream. Its Refining & Marketing segment refines crude oil and other feedstocks at its approximately seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products. It sells refined products to wholesale marketing customers domestically and internationally, buyers on the spot market, its Speedway business segment and to independent entrepreneurs operating Marathon retail outlets. The Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast. The Midstream segment gathers, processes and transports natural gas, and transports and stores crude oil and refined products.