The Bull Case for Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corp had 62 analyst reports since August 10, 2015 according to SRatingsIntel. As per Friday, August 26, the company rating was maintained by Telsey Advisory Group. Scotia Capital has "Buy" rating and $25 target. Barclays Capital maintained it with "Overweight" rating and $63 target in Tuesday, October 10 report. The rating was downgraded by Wedbush on Tuesday, December 13 to "Neutral". Vetr cut shares of Marathon Oil from a "strong-buy" rating to a "buy" rating and set a $18.01 price objective on the stock.in a research note on Wednesday, March 1st. The company was upgraded on Wednesday, October 7 by Wells Fargo. Cowen lifted their price objective on Marathon Petroleum from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Thursday, July 27th.

Investigating the productivity proportions of business stock, speculator will discover its ROE, ROA, ROI remaining at 6.5%, 4.9% and 7.6%, individually. Marathon Oil Corporation Common Stock Usd1 now has $12.87 billion valuation. The company's Market capitalization is $397.97M with the total Outstanding Shares of 478.82M. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since December 9, 2016 and is uptrending. It has underperformed by 2.65% the S&P500.

Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 32% are positive. The rating was maintained by RBC Capital Markets with "Top Pick" on Thursday, February 4. The company was downgraded on Monday, September 12 by Credit Suisse. Morgan Stanley set a $15.00 target price on shares of Marathon Oil and gave the company a "hold" rating in a research report on Wednesday, October 18th. The firm has "Buy" rating given on Thursday, June 1 by RBC Capital Markets. The stock of Marathon Oil Corporation (NYSE:MRO) earned "Overweight" rating by Atlantic Securities on Tuesday, December 5. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned "Overweight" rating by PiperJaffray on Thursday, May 25. RBC Capital Markets has "Hold" rating and $16.0 target. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) were released by: Prnewswire.com and their article: "John Fox, Co-Founder Of Markwest Hydrocarbon, Issues Open Letter To The Board ..." published on December 05, 2017 as well as Nasdaq.com's news article titled: "Marathon Petroleum Corp. and MPLX LP announce agreement for approximately $8.1 ..." with publication date: November 13, 2017.

Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $1.36 million activity. The stock has its 200-day moving average of -1.64% and -0.64% as its 50-day moving average while it 20-day moving average is at -0.11%.

Investors and Traders continue to monitor technical levels of shares of Marathon Petroleum Corporation (MPC). 64 funds opened positions while 161 raised stakes. Johnson Investment Counsel, Ohio-based fund reported 10,900 shares.

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Marathon Petroleum Corporation (MPC) is high dividend yield stock with value of 2.50%. Asset Management One Ltd owns 0.12% invested in Marathon Petroleum Corporation (NYSE:MPC) for 916,391 shares. Peoples Fincl holds 0.02% or 3,111 shares. Blair William Il has invested 0.01% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Kbc Grp Nv has 0.01% invested in Marathon Oil Corporation (NYSE:MRO). Wilen Invest Mngmt Corporation accumulated 38,148 shares. Dupont Capital Mgmt holds 48,878 shares or 0.06% of its portfolio. Moreover, Seizert Capital Partners Llc has 0.02% invested in the company for 33,644 shares. Andra Ap has invested 0.09% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Freestone Cap Holdg Limited Liability reported 0.01% stake. Ftb has invested 0.01% in Marathon Petroleum Corporation (NYSE:MPC). Tarbox Family Office reported 2,411 shares. Maltese Capital Management Llc owns 156,532 shares or 0.27% of their United States portfolio.

Westchester Capital Management Llc, which manages about $5.44B and $3.34 billion US Long portfolio, upped its stake in Du Pont (E.I.) De Nemours (NYSE:DD) by 531,403 shares to 1.30 million shares, valued at $104.65M in 2017Q2, according to the filing.

Over the last few days fluctuation in the stock of Marathon Petroleum Corporation (NYSE:MPC) was the main talking point of investors. Comparatively, Marathon Oil Corporation posted earnings of $0.04 per share in the same quarter a year ago. The oil and gas producer reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.06.

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