Analyst Expectations for Murphy Oil's Future
Portfolio Pulse from Benzinga Insights
Murphy Oil (NYSE:MUR) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 3 indifferent ratings. The average 12-month price target from 6 analysts is $51.5, with a high of $56.00 and a low of $46.00, marking a 6.19% increase from the previous target of $48.50. Analyst ratings are based on financial analysis and are updated quarterly.
November 16, 2023 | 4:00 pm
News sentiment analysis
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POSITIVE IMPACT
Murphy Oil has a new average analyst price target of $51.5, reflecting a positive sentiment with an increase from the previous $48.50 target.
The increase in the average price target suggests a positive outlook from analysts, which could lead to a short-term positive impact on MUR's stock price. The ratings are mixed but lean towards a positive sentiment, indicating a cautious optimism among analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100