MPLX LP (MPLX) Analyzed By Citigroup with $46.0 Target; Icahn Enterprises LP (IEP)’s Sentiment Is 0.88

Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. The company has market cap of $9.71 billion. The Company’s Investment segment operates various private investment funds. It has a 4.69 P/E ratio. The companyÂ’s Automotive segment supplies a range of components, accessories, and systems to the automotive, small engine, heavy-duty, marine, railroad, agricultural, off-road, aerospace and energy, industrial, and transport markets; and distributes automotive parts, as well as operates automotive retail, and service and tire centers.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. MPLX LP has $55 highest and $26 lowest target. $39.42’s average target is 8.42% above currents $36.36 stock price. MPLX LP had 57 analyst reports since October 20, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Tuesday, April 19. Goldman Sachs initiated MPLX LP (NYSE:MPLX) on Friday, February 19 with “Buy” rating. Stifel Nicolaus maintained the shares of MPLX in report on Thursday, February 1 with “Buy” rating. The firm has “Buy” rating given on Monday, September 4 by Stifel Nicolaus. The firm has “Neutral” rating by Mizuho given on Friday, September 30. The firm has “Market Perform” rating given on Thursday, April 21 by Raymond James. The rating was initiated by FBR Capital on Friday, September 9 with “Mkt Perform”. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 26. Barclays Capital maintained MPLX LP (NYSE:MPLX) on Monday, November 2 with “Overweight” rating. The firm has “Neutral” rating given on Friday, October 28 by Mizuho.

Icahn Carl C holds 39.62% of its portfolio in Icahn Enterprises L.P. for 153.49 million shares. Mad River Investors owns 72,672 shares or 4.27% of their US portfolio. Moreover, Horizon Kinetics Llc has 4.19% invested in the company for 2.60 million shares. The Michigan-based Fishman Jay A Ltd Mi has invested 1.18% in the stock. Citigroup Inc, a New York-based fund reported 7.17 million shares.

The stock decreased 2.30% or $1.35 during the last trading session, reaching $57.4. About 89,945 shares traded. Icahn Enterprises L.P. (IEP) has declined 7.69% since February 4, 2017 and is downtrending. It has underperformed by 24.39% the S&P500.

The stock decreased 2.63% or $0.98 during the last trading session, reaching $36.36. About 4.96M shares traded or 158.09% up from the average. MPLX LP (NYSE:MPLX) has risen 11.48% since February 4, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Analysts await MPLX LP (NYSE:MPLX) to report earnings on February, 7. They expect $0.33 EPS, up 94.12% or $0.16 from last year’s $0.17 per share. MPLX’s profit will be $137.07 million for 27.55 P/E if the $0.33 EPS becomes a reality. After $0.29 actual EPS reported by MPLX LP for the previous quarter, Wall Street now forecasts 13.79% EPS growth.

Since September 13, 2017, it had 0 buys, and 2 selling transactions for $247,258 activity. Bromley C Corwin sold $173,258 worth of stock. Floerke Gregory Scott also sold $74,000 worth of MPLX LP (NYSE:MPLX) shares.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.22, from 1.26 in 2017Q2. It fall, as 26 investors sold MPLX LP shares while 79 reduced holdings. 15 funds opened positions while 94 raised stakes. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. 10.59M are held by Kayne Anderson Capital Advsrs Lp. Roanoke Asset holds 0.16% or 9,834 shares. Baldwin Brothers Inc Ma accumulated 12,796 shares. King Luther Cap Corp holds 12,317 shares or 0% of its portfolio. Raymond James & Associates has 0.02% invested in MPLX LP (NYSE:MPLX) for 338,144 shares. Cincinnati Insur Comm holds 0.16% or 155,044 shares. Ballentine Prns Limited Liability Co holds 0.05% or 25,660 shares in its portfolio. Keybank Natl Association Oh reported 12,100 shares or 0% of all its holdings. Monetary holds 0.21% or 14,200 shares in its portfolio. Joel Isaacson & Lc holds 0.19% of its portfolio in MPLX LP (NYSE:MPLX) for 30,000 shares. Freestone Cap Holdg Ltd Liability Co has invested 0.4% in MPLX LP (NYSE:MPLX). Hap Trading Ltd owns 0.19% invested in MPLX LP (NYSE:MPLX) for 117,310 shares. National Bank Of Ny Mellon has 0% invested in MPLX LP (NYSE:MPLX). Rafferty Asset Limited Liability Com owns 16,242 shares or 0.01% of their US portfolio. Renaissance Technologies Lc reported 186,067 shares.