Murphy Oil Corporation with ticker code (MUR) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 73 and 35 calculating the average target price we see 49.36. Now with the previous closing price of 37.84 this would imply there is a potential upside of 30.4%. There is a 50 day moving average of 35.62 and the 200 day MA is 35. The market cap for the company is $5,691m. Company Website: https://www.murphyoilcorp.com
The potential market cap would be $7,424m 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.
