Murphy Oil Corporation – Consensus Indicates Potential 78.2% Upside

Broker Ratings
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Murphy Oil Corporation with ticker code (MUR) now have 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 60 and 34 and has a mean target at 48.62. Now with the previous closing price of 27.28 this indicates there is a potential upside of 78.2%. The 50 day MA is 36.86 and the 200 moving average now moves to 32.91. The market capitalisation for the company is $4,467m. Visit the company website at: https://www.murphyoilcorp.com

The potential market cap would be $7,961m 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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