MGP Ingredients Inc
NASDAQ:MGPI

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MGP Ingredients Inc Logo
MGP Ingredients Inc
NASDAQ:MGPI
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Price: 39.37 USD 1.29% Market Closed
Market Cap: 864.2m USD
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Wall Street
Price Targets

MGPI Price Targets Summary
MGP Ingredients Inc

Wall Street analysts forecast MGPI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGPI is 64.26 USD with a low forecast of 45.45 USD and a high forecast of 84 USD.

Lowest
Price Target
45.45 USD
15% Upside
Average
Price Target
64.26 USD
63% Upside
Highest
Price Target
84 USD
113% Upside

MGPI Last Price Targets
MGP Ingredients Inc

The latest public price target was made on Oct 22, 2024 by Bill Chappell from Truist Financial , who expects MGPI stock to rise by 116% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Bill Chappell
Truist Financial
85 USD
Upside 116%
2 months ago
Oct 22, 2024
MGP Ingredients (MGPI) PT Lowered to $85 at Truist Securities
StreetInsider
Ben Klieve
Loop Capital Markets
75 USD
Upside 91%
2 months ago
Oct 18, 2024
Lake Street Capital Markets Downgrades MGP Ingredients (MGPI) to Hold
StreetInsider
Bill Chappell
Truist Financial
95 USD
Upside 141%
2 months ago
Oct 16, 2024
MGP Ingredients price target lowered to $95 from $125 at Truist
TheFly
Ben Klieve
Loop Capital Markets
135 USD
Upside 243%
5 months ago
Jul 8, 2024
Lake Street Capital Markets Reiterates Buy Rating on MGP Ingredients (MGPI)
StreetInsider
MGP Ingredients
Wedbush
120 USD
Upside 205%
6 months ago
Jul 1, 2024
MGP Ingredients removed from Best Ideas List at Wedbush
TheFly
Bill Chappell
Truist Financial
140 USD
Upside 256%
1 year ago
Aug 7, 2023
MGP Ingredients Poised For Growth: Analyst Praises Whiskey Orders And Acquisition Upside
Benzinga
Bill Chappell
Truist Financial
125 USD
Upside 218%
1 year ago
Jul 31, 2023
MGP Ingredients' Transformative Acquisitions Set To Enhance Future Valuation: Analyst
Benzinga
Unknown Analyst
Wells Fargo
118 USD
Upside 200%
1 year ago
Feb 2, 2023
Wells Fargo Maintains Overweight on MGP Ingredients, Lowers Price Target to $118
Benzinga
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Bill Chappell
Truist Financial
Price Target 85 USD
Upside/Downside 116%
View Source
Ben Klieve
Loop Capital Markets
Price Target 75 USD
Upside/Downside 91%
View Source
Bill Chappell
Truist Financial
Price Target 95 USD
Upside/Downside 141%
View Source
Ben Klieve
Loop Capital Markets
Price Target 135 USD
Upside/Downside 243%
View Source
MGP Ingredients
Wedbush
Price Target 120 USD
Upside/Downside 205%
View Source
Bill Chappell
Truist Financial
Price Target 140 USD
Upside/Downside 256%
View Source
Bill Chappell
Truist Financial
Price Target 125 USD
Upside/Downside 218%
View Source
Unknown Analyst
Wells Fargo
Price Target 118 USD
Upside/Downside 200%
View Source
Show More Price Targets
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MGP Ingredients Inc Competitors:
Price Targets
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Davide Campari Milano NV
37% Upside
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Radico Khaitan Ltd
4% Downside
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Tilaknagar Industries Ltd
5% Downside
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Shede Spirits Co Ltd
8% Upside
CUERVO
Becle SAB de CV
63% Upside
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40% Upside
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Sichuan Swellfun Co Ltd
11% Downside

Revenue
Forecast

Revenue Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's revenue is 12%. The projected CAGR for the next 4 years is -6%.

12%
Past Growth
-6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's operating income is 23%. The projected CAGR for the next 4 years is -4%.

23%
Past Growth
-4%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
MGP Ingredients Inc

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's net income is 20%. The projected CAGR for the next 4 years is 0%.

20%
Past Growth
0%
Estimated Growth
Estimates Accuracy
-18%
Average Miss
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGPI's stock price target?
Price Target
64.26 USD

According to Wall Street analysts, the average 1-year price target for MGPI is 64.26 USD with a low forecast of 45.45 USD and a high forecast of 84 USD.

What is MGP Ingredients Inc's Revenue forecast?
Projected CAGR
-6%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's revenue is 12%. The projected CAGR for the next 4 years is -6%.

What is MGP Ingredients Inc's Operating Income forecast?
Projected CAGR
-4%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's operating income is 23%. The projected CAGR for the next 4 years is -4%.

What is MGP Ingredients Inc's Net Income forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for MGP Ingredients Inc's net income is 20%. The projected CAGR for the next 4 years is 0%.

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