Magnolia Oil & Gas Stock (NYSE:MGY), Analyst Ratings, Price Targets, Predictions

The latest price target for Magnolia Oil & Gas (NYSE: MGY) was reported by Benchmark on April 23, 2024. The analyst firm set a price target for $0.00 expecting MGY to fall to within 12 months (a possible -100.00% downside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Magnolia Oil & Gas (NYSE: MGY) was provided by Benchmark, and Magnolia Oil & Gas reiterated their hold rating.

The last upgrade for Magnolia Oil & Gas Corp happened on August 30, 2021 when Truist Securities raised their price target to $21. Truist Securities previously had a hold for Magnolia Oil & Gas Corp.

The last downgrade for Magnolia Oil & Gas Corp happened on April 19, 2024 when Piper Sandler changed their price target from $29 to $29 for Magnolia Oil & Gas Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Magnolia Oil & Gas, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Magnolia Oil & Gas was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.

While ratings are subjective and will change, the latest Magnolia Oil & Gas (MGY) rating was a reiterated with a price target of $0.00 to $0.00. The current price Magnolia Oil & Gas (MGY) is trading at is $25.07, which is out of the analyst’s predicted range.