Murphy Oil Corporation – Consensus Indicates Potential 11.3% Upside

Broker Ratings
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Murphy Oil Corporation found using ticker (MUR) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 35 calculating the mean target price we have 48.54. Given that the stocks previous close was at 43.61 this would imply there is a potential upside of 11.3%. The 50 day moving average now sits at 37.94 and the 200 day MA is 28.81. The company has a market capitalisation of $6,271m. Company Website: https://www.murphyoilcorp.com

The potential market cap would be $6,979m based on the market concensus.

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and natural gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. The company was incorporated in 1950 and is headquartered in Houston, Texas.

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