Murphy Oil
(NYSE:MUR)
$45.70
0.59[1.31%]
At close: Mar 28
$45.70
0[0.00%]
After Hours: 4:02PM EDT
Consensus Rating1
Buy
Highest Price Target1
$57.00
Lowest Price Target1
$20.00
Consensus Price Target1
$45.00

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

Murphy Oil Corp has a consensus price target of $45, established from looking at the 78 latest analyst ratings. The last 3 analyst ratings were released from Mizuho, Piper Sandler, and UBS on March 21, 2024, January 30, 2024, and January 29, 2024. With an average price target of $48.33 between Mizuho, Piper Sandler, and UBS, there's an implied 5.76% upside for Murphy Oil Corp from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
Nov 23
2
Dec 23
1
Jan
3
1
Mar
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Piper Sandler
UBS
Keybanc
Truist Securities

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Murphy Oil

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/21/2024MURBuy Now
Murphy Oil
$45.7015.97%Mizuho
William Janela
$50 → $53ReiteratesBuy → BuyGet Alert
01/30/2024MURBuy Now
Murphy Oil
$45.707.22%Piper Sandler
Mark Lear
$50 → $49MaintainsOverweightGet Alert
01/29/2024MURBuy Now
Murphy Oil
$45.70-5.91%UBS
Josh Silverstein
$45 → $43MaintainsNeutralGet Alert
01/24/2024MURBuy Now
Murphy Oil
$45.709.41%Piper Sandler
Mark Lear
$56 → $50MaintainsOverweightGet Alert
01/11/2024MURBuy Now
Murphy Oil
$45.709.41%Keybanc
Tim Rezvan
$53 → $50MaintainsOverweightGet Alert
12/14/2023MURBuy Now
Murphy Oil
$45.70-1.53%UBS
Josh Silverstein
$50 → $45MaintainsNeutralGet Alert
11/28/2023MURBuy Now
Murphy Oil
$45.7024.73%Truist Securities
Neal Dingmann
→ $57ReiteratesBuy → BuyGet Alert
11/16/2023MURBuy Now
Murphy Oil
$45.7022.54%Piper Sandler
Mark Lear
$52 → $56MaintainsOverweightGet Alert
10/04/2023MURBuy Now
Murphy Oil
$45.7015.97%UBS
Josh Silverstein
$50 → $53MaintainsNeutralGet Alert
10/02/2023MURBuy Now
Murphy Oil
$45.705.03%Morgan Stanley
Devin McDermott
$46 → $48MaintainsEqual-WeightGet Alert
09/18/2023MURBuy Now
Murphy Oil
$45.7015.97%Mizuho
Vincent Lovaglio
$51 → $53MaintainsBuyGet Alert
08/28/2023MURBuy Now
Murphy Oil
$45.700.66%Wells Fargo
Roger Read
$45 → $46MaintainsEqual-WeightGet Alert
08/23/2023MURBuy Now
Murphy Oil
$45.7015.97%Keybanc
Leo Mariani
$47 → $53MaintainsOverweightGet Alert
08/18/2023MURBuy Now
Murphy Oil
$45.700.66%Morgan Stanley
Devin McDermott
$43 → $46MaintainsEqual-WeightGet Alert
08/17/2023MURBuy Now
Murphy Oil
$45.709.41%UBS
Josh Silverstein
$38 → $50MaintainsNeutralGet Alert
08/16/2023MURBuy Now
Murphy Oil
$45.7011.6%Mizuho
Vincent Lovaglio
$48 → $51MaintainsBuyGet Alert
08/14/2023MURBuy Now
Murphy Oil
$45.7015.97%Piper Sandler
Mark Lear
$50 → $53MaintainsOverweightGet Alert
07/13/2023MURBuy Now
Murphy Oil
$45.70-5.91%Morgan Stanley
Devin McDermott
$44 → $43MaintainsEqual-WeightGet Alert
07/11/2023MURBuy Now
Murphy Oil
$45.702.84%Keybanc
Leo Mariani
→ $47Initiates → OverweightGet Alert

FAQ

Q

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

A

The latest price target for Murphy Oil (NYSE: MUR) was reported by Mizuho on March 21, 2024. The analyst firm set a price target for $53.00 expecting MUR to rise to within 12 months (a possible 15.97% upside). 30 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 reiterated 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 December 12, 2022 when Truist Securities changed their price target from N/A to $46 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 March 21, 2024 so you should expect the next rating to be made available sometime around March 21, 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 reiterated with a price target of $50.00 to $53.00. The current price Murphy Oil (MUR) is trading at is $45.70, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch