Murphy Oil Corporation – Consensus Indicates Potential 46.9% Upside

Broker Ratings
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Murphy Oil Corporation found using ticker (MUR) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 61 and 34 with a mean TP of 47.07. Given that the stocks previous close was at 32.05 this is indicating there is a potential upside of 46.9%. There is a 50 day moving average of 34.83 and the 200 moving average now moves to 33.4. The market cap for the company is $5,045m. Visit the company website at: https://www.murphyoilcorp.com

The potential market cap would be $7,409m 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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