The latest price target for MGP Ingredients (NASDAQ:MGPI) was reported by TD Cowen on November 6, 2024. The analyst firm set a price target for $50.00 expecting MGPI to rise to within 12 months (a possible 2.46% upside). 14 analyst firms have reported ratings in the last year.

The latest analyst rating for MGP Ingredients (NASDAQ:MGPI) was provided by TD Cowen, and MGP Ingredients downgraded their hold rating.

The last upgrade for MGP Ingredients Inc happened on November 29, 2021 when Truist Securities raised their price target to $100. Truist Securities previously had a hold for MGP Ingredients Inc.

The last downgrade for MGP Ingredients Inc happened on November 6, 2024 when TD Cowen changed their price target from $66 to $50 for MGP Ingredients Inc.

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 November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.

While ratings are subjective and will change, the latest MGP Ingredients (MGPI) rating was a downgraded with a price target of $66.00 to $50.00. The current price MGP Ingredients (MGPI) is trading at is $48.80, which is out of the analyst’s predicted range.