Marathon Petroleum Corporation Share Price Target ‘$213.20’, now 21.6% Upside
Marathon Petroleum Corporation which can be found using ticker (MPC) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $244.00 and $190.00 suggesting an average analyst share price target price of $213.20. (at the time of writing). Given that the stocks previous close was at $175.26 this indicates there is a potential upside of 21.6%. It’s also worth noting that there is a 50 day moving average of $190.87 and the 200 moving average now moves to $165.40. The market cap for the company is 61.28B. The current stock price for Playtika Holding Corp. is currently $173.92 USD
The potential market cap would be $74,542,424,026 based on the market consensus.
The company has a dividend yield of 2.19%. Other points of data to note are a P/E ratio of 8.64, revenue per share of $381.60 and a 8.16% return on assets.
Marathon Petroleum Corporation is a downstream energy company. The Company is engaged in the petroleum product refining, marketing, retail and midstream business in the United States. The Company operates through two segments: Refining & Marketing and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks, including renewable feedstocks, at the Company’s refineries in the Gulf Coast, Mid-Continent and West Coast regions of the United States. The Company sells refined products to wholesale marketing customers domestically and internationally, under Marathon brands. The Midstream segment transports, stores, distributes and markets crude oil and refined products principally for the Refining & Marketing segment through refining logistics assets, pipelines, terminals, towboats and barges, gathers, processes and transports natural gas, and gathers, transports, fractionates, stores and markets natural gas liquids (NGLs).
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