What 12 Analyst Ratings Have To Say About Murphy Oil
Portfolio Pulse from Benzinga Insights
Murphy Oil (NYSE:MUR) has received 12 analyst ratings in the last quarter, with an average price target of $48.75, implying an upside from the current price of $38.3. The current average has decreased by 2.68% from the previous average price target of $50.09.
June 13, 2023 | 7:00 pm
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Murphy Oil has received 12 analyst ratings in the last quarter, with an average price target of $48.75, implying an upside from the current price of $38.3.
The average price target of $48.75, which is higher than the current price of $38.3, suggests that analysts are bullish on Murphy Oil. This could lead to a short-term increase in the stock price as investors may consider the stock undervalued based on analyst opinions. The decrease in the average price target from $50.09 to $48.75 may slightly dampen the bullish sentiment, but the overall outlook remains positive.
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IMPORTANCE 80
RELEVANCE 100