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$28.85
-0.47-1.60%
At close: -
$28.85
0.000.00%
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MGP Ingredients Analyst Ratings and Price Targets | NASDAQ:MGPI | Benzinga
MGP Ingredients Inc has a consensus price target of $79.38 based on the ratings of 8 analysts. The high is $126 issued by Wells Fargo on August 15, 2022. The low is $44 issued by Wells Fargo on January 7, 2025. The 3 most-recent analyst ratings were released by Lake Street, Wells Fargo, and Roth MKM on February 27, 2025, January 7, 2025, and December 23, 2024, respectively. With an average price target of $49.67 between Lake Street, Wells Fargo, and Roth MKM, there's an implied 72.15% upside for MGP Ingredients Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Lake Street
Wells Fargo
Roth MKM
TD Cowen
Truist Securities
1calculated from analyst ratings
Analyst Ratings for MGP Ingredients
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/27/2025 | Buy Now | 55.98% | Lake Street | Ben Klieve39% | $55 → $45 | Upgrade | Hold → Buy | Get Alert |
| 01/07/2025 | Buy Now | 52.51% | Wells Fargo | Marc Torrente18% | $58 → $44 | Maintains | Overweight | Get Alert |
| 12/23/2024 | Buy Now | 107.97% | Roth MKM | Sean McGowan40% | $65 → $60 | Maintains | Buy | Get Alert |
| 11/06/2024 | Buy Now | 73.31% | TD Cowen | Robert Moskow66% | $66 → $50 | Downgrade | Buy → Hold | Get Alert |
| 11/04/2024 | Buy Now | 125.3% | Roth MKM | Sean McGowan40% | $69 → $65 | Maintains | Buy | Get Alert |
| 11/01/2024 | Buy Now | 159.97% | Truist Securities | Bill Chappell47% | $85 → $75 | Maintains | Buy | Get Alert |
| 10/22/2024 | Buy Now | 194.63% | Truist Securities | Bill Chappell47% | $95 → $85 | Maintains | Buy | Get Alert |
| 10/18/2024 | Buy Now | 205.03% | Roth MKM | Sean McGowan40% | $92 → $88 | Maintains | Buy | Get Alert |
| 10/18/2024 | Buy Now | 159.97% | Lake Street | Ben Klieve39% | → $75 | Downgrade | Buy → Hold | Get Alert |
| 10/16/2024 | Buy Now | 229.29% | Truist Securities | Bill Chappell47% | $125 → $95 | Maintains | Buy | Get Alert |
| 07/25/2024 | Buy Now | 218.89% | Roth MKM | Sean McGowan40% | $92 → $92 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | 218.89% | Roth MKM | Sean McGowan40% | $95 → $92 | Maintains | Buy | Get Alert |
| 04/29/2024 | Buy Now | 315.94% | Wedbush | Gerald Pascarelli43% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 04/25/2024 | Buy Now | 229.29% | Roth MKM | Sean McGowan40% | $100 → $95 | Maintains | Buy | Get Alert |
| 04/10/2024 | Buy Now | 315.94% | Wedbush | Gerald Pascarelli43% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 03/22/2024 | Buy Now | 315.94% | Wedbush | Gerald Pascarelli43% | $120 → $120 | Reiterates | Outperform → Outperform | Get Alert |
| 02/15/2024 | Buy Now | 367.94% | Wedbush | Gerald Pascarelli43% | $135 → $135 | Reiterates | Outperform → Outperform | Get Alert |
| 09/06/2023 | Buy Now | 385.27% | Truist Securities | Bill Chappell47% | → $140 | Reiterates | Buy → Buy | Get Alert |
| 08/07/2023 | Buy Now | 385.27% | Truist Securities | Bill Chappell47% | $125 → $140 | Maintains | Buy | Get Alert |
| 07/14/2023 | Buy Now | 333.28% | Truist Securities | Bill Chappell47% | → $125 | Reiterates | Buy → Buy | Get Alert |
| 05/18/2023 | Buy Now | 343.67% | Wedbush | Gerald Pascarelli43% | → $128 | Reiterates | Outperform → Outperform | Get Alert |
| 02/02/2023 | Buy Now | 309.01% | Wells Fargo | Marc Torrente18% | $128 → $118 | Maintains | Overweight | Get Alert |
| 11/04/2022 | Buy Now | 343.67% | Wells Fargo | Marc Torrente18% | $126 → $128 | Maintains | Overweight | Get Alert |
| 10/11/2022 | Buy Now | 333.28% | Wedbush | Gerald Pascarelli43% | → $125 | Initiates | → Outperform | Get Alert |
| 08/15/2022 | Buy Now | 336.74% | Wells Fargo | Finian O'Shea64% | → $126 | Initiates | → Overweight | Get Alert |
| 06/30/2022 | Buy Now | 298.61% | Roth Capital | Sean McGowan40% | → $115 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for MGP Ingredients (MGPI) stock?
The latest price target for MGP Ingredients (NASDAQ:MGPI) was reported by Lake Street on February 27, 2025. The analyst firm set a price target for $45.00 expecting MGPI to rise to within 12 months (a possible 55.98% upside). 15 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 Lake Street, and MGP Ingredients upgraded their buy rating.
When was the last upgrade for MGP Ingredients (MGPI)?
The last upgrade for MGP Ingredients Inc happened on February 27, 2025 when Lake Street raised their price target to $45. Lake Street previously had a hold for MGP Ingredients Inc.
When was the last downgrade for MGP Ingredients (MGPI)?
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.
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 February 27, 2025 so you should expect the next rating to be made available sometime around February 27, 2026.
Is the Analyst Rating MGP Ingredients (MGPI) correct?
While ratings are subjective and will change, the latest MGP Ingredients (MGPI) rating was a upgraded with a price target of $55.00 to $45.00. The current price MGP Ingredients (MGPI) is trading at is $28.85, which is out of the analyst’s predicted range.
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