Murphy Oil Corporation – Consensus Indicates Potential 31.5% Upside

Broker Ratings
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Murphy Oil Corporation found using ticker (MUR) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 62 and 41 with the average target price sitting at 51.07. With the stocks previous close at 38.84 this indicates there is a potential upside of 31.5%. The 50 day moving average now sits at 41.58 while the 200 day moving average is 40.01. The market capitalisation for the company is $5,883m. Find out more information at: https://www.murphyoilcorp.com

The potential market cap would be $7,736m 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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