The Latest Analyst Ratings for Murphy Oil
Portfolio Pulse from Benzinga Insights
Murphy Oil (NYSE:MUR) has received various analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 4 indifferent. Over the past 3 months, 9 analysts have offered 12-month price targets for Murphy Oil, with an average price target of $49.11, an increase of 7.34% from the previous average price target of $45.75.
September 18, 2023 | 8:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Murphy Oil has received a mix of analyst ratings, with a majority being bullish or somewhat bullish. The average price target has increased by 7.34% to $49.11, indicating a positive outlook for the company.
Analyst ratings are a significant factor that can influence a company's stock price. In the case of Murphy Oil, the majority of the ratings are bullish or somewhat bullish, which is a positive sign. Additionally, the increase in the average price target suggests that analysts expect the company's stock price to rise in the future, which could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100