Murphy Oil
(NYSE:MUR)
$39.51
-0.2[-0.50%]
At close: Jun 21
$39.51
0[0.00%]
After Hours: 6:19PM EDT
Consensus Rating1
Buy
Highest Price Target1
$59.00
Lowest Price Target1
$37.00
Consensus Price Target1
$49.05

Murphy Oil (NYSE:MUR) Stock, Analyst Ratings, Price Targets, Predictions

Murphy Oil Corp has a consensus price target of $49.05, established from looking at the 83 latest analyst ratings. The last 3 analyst ratings were released from Mizuho, Keybanc, and Piper Sandler on May 13, 2024, April 22, 2024, and April 19, 2024. With an average price target of $56 between Mizuho, Keybanc, and Piper Sandler, there's an implied 41.74% upside for Murphy Oil Corp from these 3 analyst ratings.

Analyst Trends and Forecast
4
1
Jan
0
0
0
0
Mar
3
1
Apr
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Keybanc
Piper Sandler
Scotiabank
Barclays

1calculated from analyst ratings

Analyst Ratings for Murphy Oil

Buy NowGet Alert
05/13/2024Buy Now49.33%Mizuho
William Janela
$55 → $59MaintainsBuyGet Alert
04/22/2024Buy Now36.67%Keybanc
Tim Rezvan
$50 → $54MaintainsOverweightGet Alert
04/19/2024Buy Now39.21%Piper Sandler
Mark Lear
$49 → $55MaintainsOverweightGet Alert
04/15/2024Buy Now39.21%Mizuho
William Janela
$53 → $55MaintainsBuyGet Alert
04/11/2024Buy Now26.55%Scotiabank
Paul Cheng
$46 → $50DowngradeSector Outperform → Sector PerformGet Alert
04/10/2024Buy Now36.67%Barclays
Betty Jiang
→ $54Initiates → Equal-WeightGet Alert
04/05/2024Buy Now49.33%Truist Securities
Neal Dingmann
$58 → $59MaintainsBuyGet Alert
04/04/2024Buy Now31.61%JP Morgan
Arun Jayaram
$51 → $52MaintainsOverweightGet Alert
03/21/2024Buy Now34.14%Mizuho
William Janela
$50 → $53ReiteratesBuy → BuyGet Alert
01/30/2024Buy Now24.02%Piper Sandler
Mark Lear
$50 → $49MaintainsOverweightGet Alert
01/29/2024Buy Now8.83%UBS
Josh Silverstein
$45 → $43MaintainsNeutralGet Alert
01/24/2024Buy Now26.55%Piper Sandler
Mark Lear
$56 → $50MaintainsOverweightGet Alert
01/12/2024Buy Now34.14%JP Morgan
Arun Jayaram
$56 → $53MaintainsOverweightGet Alert
01/11/2024Buy Now26.55%Keybanc
Tim Rezvan
$53 → $50MaintainsOverweightGet Alert
12/14/2023Buy Now13.9%UBS
Josh Silverstein
$50 → $45MaintainsNeutralGet Alert
12/06/2023Buy Now41.74%JP Morgan
Arun Jayaram
$58 → $56MaintainsOverweightGet Alert
11/28/2023Buy Now44.27%Truist Securities
Neal Dingmann
→ $57ReiteratesBuy → BuyGet Alert
11/16/2023Buy Now41.74%Piper Sandler
Mark Lear
$52 → $56MaintainsOverweightGet Alert
10/04/2023Buy Now34.14%UBS
Josh Silverstein
$50 → $53MaintainsNeutralGet Alert
10/02/2023Buy Now21.49%Morgan Stanley
Devin McDermott
$46 → $48MaintainsEqual-WeightGet Alert
09/18/2023Buy Now34.14%Mizuho
Vincent Lovaglio
$51 → $53MaintainsBuyGet Alert
08/28/2023Buy Now16.43%Wells Fargo
Roger Read
$45 → $46MaintainsEqual-WeightGet Alert
08/23/2023Buy Now34.14%Keybanc
Leo Mariani
$47 → $53MaintainsOverweightGet Alert
08/18/2023Buy Now16.43%Morgan Stanley
Devin McDermott
$43 → $46MaintainsEqual-WeightGet Alert
08/17/2023Buy Now26.55%UBS
Josh Silverstein
$38 → $50MaintainsNeutralGet Alert
08/16/2023Buy Now29.08%Mizuho
Vincent Lovaglio
$48 → $51MaintainsBuyGet Alert
08/14/2023Buy Now34.14%Piper Sandler
Mark Lear
$50 → $53MaintainsOverweightGet Alert
07/13/2023Buy Now8.83%Morgan Stanley
Devin McDermott
$44 → $43MaintainsEqual-WeightGet Alert
07/11/2023Buy Now18.96%Keybanc
Leo Mariani
→ $47Initiates → OverweightGet Alert
06/20/2023Buy Now16.43%Roth MKM
Leo Mariani
→ $46Reiterates → BuyGet Alert
06/13/2023Buy Now29.08%Piper Sandler
Mark Lear
$59 → $51MaintainsOverweightGet Alert
06/05/2023Buy Now51.86%Truist Securities
Neal Dingmann
$56 → $60MaintainsBuyGet Alert
05/19/2023Buy Now21.49%Mizuho
Nitin Kumar
$50 → $48MaintainsBuyGet Alert
05/18/2023Buy Now49.33%Piper Sandler
Mark Lear
$60 → $59MaintainsOverweightGet Alert
05/15/2023Buy Now11.36%Morgan Stanley
Devin McDermott
$43 → $44MaintainsEqual-WeightGet Alert
04/21/2023Buy Now3.77%Goldman Sachs
Neil Mehta
$34 → $41MaintainsNeutralGet Alert
04/19/2023Buy Now51.86%Piper Sandler
Mark Lear
$61 → $60MaintainsOverweightGet Alert
04/19/2023Buy Now8.83%Morgan Stanley
Devin McDermott
$44 → $43MaintainsEqual-WeightGet Alert
04/19/2023Buy Now13.9%UBS
Josh Silverstein
→ $45Initiates → NeutralGet Alert
04/11/2023Buy Now41.74%Truist Securities
Neal Dingmann
$49 → $56UpgradeHold → BuyGet Alert
03/27/2023Buy Now11.36%Morgan Stanley
Devin McDermott
$45 → $44MaintainsEqual-WeightGet Alert
03/24/2023Buy Now-13.95%Goldman Sachs
Neil Mehta
$50 → $34MaintainsNeutralGet Alert
03/10/2023Buy Now26.55%Mizuho
Nitin Kumar
$51 → $50MaintainsBuyGet Alert
03/07/2023Buy Now54.39%Piper Sandler
Mark Lear
$66 → $61MaintainsOverweightGet Alert
01/27/2023Buy Now18.96%Wells Fargo
Roger Read
$44 → $47MaintainsEqual-WeightGet Alert
01/24/2023Buy Now13.9%Morgan Stanley
Devin McDermott
$47 → $45MaintainsEqual-WeightGet Alert
01/24/2023Buy Now24.02%Truist Securities
Neal Dingmann
$46 → $49MaintainsHoldGet Alert
01/10/2023Buy Now11.36%Wells Fargo
Roger Read
$48 → $44MaintainsEqual-WeightGet Alert
01/10/2023Buy Now29.08%Mizuho
Nitin Kumar
$53 → $51Assumes → BuyGet Alert
12/14/2022Buy Now18.96%Morgan Stanley
Devin McDermott
$48 → $47MaintainsEqual-WeightGet Alert
12/12/2022Buy Now16.43%Truist Securities
Neal Dingmann
→ $46DowngradeBuy → HoldGet Alert
12/05/2022Buy Now41.74%JP Morgan
Arun Jayaram
→ $56UpgradeNeutral → OverweightGet Alert
11/23/2022Buy Now26.55%Goldman Sachs
Brian Singer
$44 → $50MaintainsNeutralGet Alert
11/17/2022Buy Now72.11%Piper Sandler
Mark Lear
$62 → $68MaintainsOverweightGet Alert
11/04/2022Buy Now21.49%Wells Fargo
Roger Read
$45 → $48MaintainsEqual-WeightGet Alert
10/24/2022Buy Now34.14%Mizuho
Vincent Lovaglio
$51 → $53MaintainsBuyGet Alert
10/19/2022Buy Now11.36%Goldman Sachs
Brian Singer
$38 → $44MaintainsNeutralGet Alert
10/19/2022Buy Now21.49%Morgan Stanley
Devin McDermott
$49 → $48MaintainsEqual-WeightGet Alert
10/19/2022Buy Now16.43%Jefferies
Lloyd Byrne
→ $46Initiates → HoldGet Alert
10/18/2022Buy Now56.92%Piper Sandler
Mark Lear
$46 → $62MaintainsOverweightGet Alert
09/15/2022Buy Now84.76%Truist Securities
Neal Dingmann
$61 → $73MaintainsBuyGet Alert
08/22/2022Buy Now-3.82%Goldman Sachs
Brian Singer
$34 → $38MaintainsNeutralGet Alert
07/22/2022Buy Now18.96%Piper Sandler
Mark Lear
$49 → $47MaintainsOverweightGet Alert
07/20/2022Buy Now-3.82%MKM Partners
Leo Mariani
→ $38Assumes → BuyGet Alert
07/19/2022Buy Now29.08%Mizuho
Vincent Lovaglio
$59 → $51MaintainsBuyGet Alert
07/05/2022Buy Now-13.95%Goldman Sachs
Brian Singer
$45 → $34MaintainsNeutralGet Alert
06/06/2022Buy Now24.02%Morgan Stanley
Devin McDermott
$53 → $49MaintainsEqual-WeightGet Alert
05/31/2022Buy Now49.33%Mizuho
Vincent Lovaglio
$58 → $59MaintainsBuyGet Alert
05/05/2022Buy Now29.08%JP Morgan
Arun Jayaram
→ $51DowngradeOverweight → NeutralGet Alert
04/22/2022Buy Now34.14%Morgan Stanley
Devin McDermott
$35 → $53MaintainsEqual-WeightGet Alert
04/07/2022Buy Now36.67%Piper Sandler
Mark Lear
$38 → $54UpgradeNeutral → OverweightGet Alert
03/31/2022Buy Now46.8%Mizuho
Vincent Lovaglio
$42 → $58MaintainsBuyGet Alert
03/11/2022Buy Now-3.82%Wells Fargo
Roger Read
$30 → $38MaintainsEqual-WeightGet Alert
03/10/2022Buy Now-3.82%Piper Sandler
Mark Lear
$32 → $38MaintainsNeutralGet Alert
02/11/2022Buy Now6.3%Mizuho
Vincent Lovaglio
$33 → $42UpgradeNeutral → BuyGet Alert
01/25/2022Buy Now-11.41%Morgan Stanley
Devin McDermott
$33 → $35MaintainsEqual-WeightGet Alert
01/05/2022Buy NowWells Fargo
Roger Read
UpgradeUnderweight → Equal-WeightGet Alert
01/02/2022Buy Now-16.48%Mizuho
Vincent Lovaglio
$34 → $33MaintainsNeutralGet Alert
12/07/2021Buy Now-6.35%JP Morgan
Arun Jayaram
UpgradeNeutral → OverweightGet Alert
11/10/2021Buy Now-6.35%MKM Partners
John Gerdes
MaintainsBuyGet Alert
10/26/2021Buy Now-13.95%Mizuho
Vincent Lovaglio
$28 → $34MaintainsNeutralGet Alert
10/06/2021Buy Now-19.01%Morgan Stanley
Devin McDermott
MaintainsEqual-WeightGet Alert
07/15/2021Buy Now-29.13%Mizuho
Vincent Lovaglio
$24 → $28MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Murphy Oil (MUR) stock?

A

The latest price target for Murphy Oil (NYSE:MUR) was reported by Mizuho on May 13, 2024. The analyst firm set a price target for $59.00 expecting MUR to rise to within 12 months (a possible 49.33% upside). 29 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Murphy Oil (MUR)?

A

The latest analyst rating for Murphy Oil (NYSE:MUR) was provided by Mizuho, and Murphy Oil maintained their buy rating.

Q

When was the last upgrade for Murphy Oil (MUR)?

A

The last upgrade for Murphy Oil Corp happened on April 11, 2023 when Truist Securities raised their price target to $56. Truist Securities previously had a hold for Murphy Oil Corp.

Q

When was the last downgrade for Murphy Oil (MUR)?

A

The last downgrade for Murphy Oil Corp happened on April 11, 2024 when Scotiabank changed their price target from $46 to $50 for Murphy Oil Corp.

Q

When is the next analyst rating going to be posted or updated for Murphy Oil (MUR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Murphy Oil, 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 Murphy Oil was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.

Q

Is the Analyst Rating Murphy Oil (MUR) correct?

A

While ratings are subjective and will change, the latest Murphy Oil (MUR) rating was a maintained with a price target of $55.00 to $59.00. The current price Murphy Oil (MUR) is trading at is $39.51, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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