Murphy Oil Corporation – Consensus Indicates Potential 51.1% Upside

Broker Ratings
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Murphy Oil Corporation with ticker code (MUR) have now 13 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 61 and 34 with the average target price sitting at 47.92. With the stocks previous close at 31.71 this indicates there is a potential upside of 51.1%. The 50 day MA is 35.15 while the 200 day moving average is 33.17. The company has a market cap of $4,790m. You can visit the company’s website by visiting: https://www.murphyoilcorp.com

The potential market cap would be $7,239m 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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