Magellan Midstream Partners, L.P. – Consensus ‘buy’ rating and -4.4% Downside Potential

Broker Ratings
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Magellan Midstream Partners, L.P. which can be found using ticker (MMP) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 67.5 and 53 suggesting an average Analsyt target price of $59.86. Now with the previous closing price of $62.61 this is indicating there is a potential downside of -4.4%. The 50 day moving average now sits at $54.59 and the 200 day moving average is $52.21. The company has a market cap of 12.40B. The stock price is currently at: 61.38 USD

The potential market cap would be $11,859,807,250 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 13.37, revenue per share of 16.39 and a 8.52% return on assets.

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