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Marathon Petroleum Corp 26.6% Potential Upside Now Implied by Scotia Howard Weil

Marathon Petroleum Corp with TICKER NYSE:MPC had its stock rating noted as ‘Upgrade’ with the recommendation being set at ‘SECTOR OUTPERFORM’ today by analysts at Scotia Howard Weil. Marathon Petroleum Corp are listed in the Energy sector within NYSE. Scotia Howard Weil have set a target price of 62 USD on its stock. This is indicating the analyst believes there is a potential upside of 26.6% from today’s opening price of 48.96 USD.

 

Marathon Petroleum Corp NYSE:MPC has a 50 day moving average of 53.60 USD and a 200 day moving average of 52.21 USD. The 52 week high for the stock is 60.38 USD while the 52 week low for the share price is 37.62 USD. Over the last 30 and 90 trading days the company share price has decreased 3.93 points and decreased 3.41 points respectively. There are currently 524,342,572 shares in issue with the average daily volume traded being 5,007,878. Market capitalisation for NYSE:MPC is $25,666,569,299.00 USD.

 

Marathon Petroleum Corp (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, Speedway and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.