MarketBeat Analyst action
MGP Ingredients, Inc. (NASDAQ:MGPI) Given Consensus Rating of "Hold" by Analysts
MGP Ingredients, Inc. (NASDAQ:MGPI) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $27.25 against a recent share price of $17.72. The company's recent quarterly results showed adjusted earnings exceeding estimates but revenue falling short, with a 14.5% year-over-year decline. MGP Ingredients also declared a quarterly dividend of $0.12 per share, yielding …