RBC Capital analyst T J Schultz maintained a Buy rating on Marathon Petroleum Corporation (NYSE:MPC) on Tuesday, setting a price target of $60, which is approximately 12.30% above the present share price of $53.43.
J Schultz expects Marathon Petroleum Corporation to post earnings per share (EPS) of $0.29 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Marathon Petroleum, with an average price target of $65.73.
The analysts price targets range from a high of $83 to a low of $47.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $17.97 billion and a net profit of $389 million. The company's market cap is $34.83 billion.
According to TipRanks.com, RBC Capital analyst T J Schultz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.9% and a 66.59% success rate.
Founded in 1887, Ohio-based Marathon Petroleum Corp. is a petroleum refining company, which is engaged in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Retail, and Midstream.