Murphy Oil Corporation – Consensus Indicates Potential 8.7% Upside

Broker Ratings
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Murphy Oil Corporation with ticker code (MUR) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 45 and 30 with the average target price sitting at 35.69. Now with the previous closing price of 32.84 this is indicating there is a potential upside of 8.7%. The 50 day moving average now sits at 28.59 and the 200 day moving average is 24.48. The market capitalisation for the company is $5,111m. Visit the company website at: https://www.murphyoilcorp.com

The potential market cap would be $5,555m based on the market concensus.

Murphy Oil Corporation 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. Murphy Oil Corporation was incorporated in 1950 and is headquartered in Houston, Texas.

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