Analyst Expectations for Murphy Oil's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Murphy Oil (NYSE:MUR) within the last quarter, with a total of 3 bullish, 4 somewhat bullish, and 1 indifferent. The average 12-month price target for Murphy Oil is $50.88, representing a 4.31% decrease from the previous average price target of $53.17.
August 14, 2023 | 9:00 pm
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NEGATIVE IMPACT
Mixed analyst ratings for Murphy Oil with a decreased average 12-month price target could potentially impact the stock's performance.
The mixed analyst ratings indicate uncertainty about the company's future performance. The decrease in the average 12-month price target suggests that analysts expect the stock price to decrease, which could negatively impact investor sentiment and the stock's performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100