Murphy Oil Corporation – Consensus Indicates Potential 75.5% Upside

Broker Ratings
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Murphy Oil Corporation found using ticker (MUR) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 34 with a mean TP of 48.62. Given that the stocks previous close was at 27.7 this is indicating there is a potential upside of 75.5%. The day 50 moving average is 35.88 and the 200 day MA is 33.06. The market capitalisation for the company is $4,195m. Company Website: https://www.murphyoilcorp.com

The potential market cap would be $7,363m 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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