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One platform for global traditional assets
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Marathon Petroleum Corporation (NYSE:MPC) Receives Average Recommendation of "Moderate Buy" from Analysts
Marathon Petroleum Corporation (NYSE:MPC) has received an average “Moderate Buy” rating from analysts, with 10 buy ratings and 9 hold ratings, and a 1-year average price target of $198.88. The company recently exceeded earnings expectations, reporting an EPS of $4.07 against an expectation of $3.73, and revenue of $35.10 billion against $30.89 billion. Marathon Petroleum also declared a quarterly dividend of $1.00 (annualized $4.00), equating to a 2.0% yield, and institutional investors own approximately 76.8% of the company’s stock.