Murphy Oil (MUR) Stock Forecast & Price Target

$33.43 +0.45 (+1.36%)

(As of 11:35 AM ET)

Murphy Oil - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 14 Analyst Ratings

Sell
0

Hold
9

Buy
5

Based on 14 Wall Street analysts who have issued ratings for Murphy Oil in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 9 have given a hold rating, and 5 have given a buy rating for MUR.

Consensus Price Target

$40.92
22.40% Upside

According to the 14 analysts' twelve-month price targets for Murphy Oil, the average price target is $40.92. The highest price target for MUR is $50.00, while the lowest price target for MUR is $36.00. The average price target represents a forecasted upside of 22.40% from the current price of $33.43.

Get the Latest News and Ratings for MUR and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Murphy Oil and its competitors.

MUR Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$40.92	$41.17	$47.91	$49.09
Forecasted Upside	22.40% Upside	23.96% Upside	25.19% Upside	15.64% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

Trump said you could learn something from this man (Ad)

Early Warning: A Deep Crack Is Forming In The US Economy Stocks are booming thanks to Trump’s landslide victory. Yet one former Trump advisor says the picture is less rosy than it seems. “I’ve found a deep crack forming in the foundations of the US economy,” he says. “And before too long, it could tear our country apart.” It’s critical you learn more today, BEFORE it impacts your money and your retirement.

Here’s everything you need to know.

MUR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MUR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Murphy Oil Stock vs. The Competition

Type	Murphy Oil	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.36	2.62	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	24.03% Upside	1,433.23% Upside	9.84% Upside
News Sentiment Rating	Positive News See Recent MUR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/18/2024	UBS Group 4 of 5 stars		Lower Target	Neutral ➝ Neutral	$39.00 ➝ $38.00	+14.80%
11/18/2024	Piper Sandler 2 of 5 stars		Lower Target	Overweight ➝ Overweight	$43.00 ➝ $42.00	+27.93%
11/11/2024	Barclays 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$38.00 ➝ $37.00	+11.35%
10/16/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$54.00 ➝ $50.00	+50.29%
10/10/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Cheng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform ➝ Sector Perform	$47.00 ➝ $36.00	+0.78%
10/7/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$44.00 ➝ $39.00	+7.76%
Get the Latest News and Ratings for MUR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Murphy Oil and its competitors with MarketBeat's FREE daily newsletter.
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Jungwirth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$42.00 ➝ $40.00	+11.54%
9/30/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$55.00 ➝ $42.00	+23.46%
9/27/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$41.00 ➝ $39.00	+15.80%
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $39.00	+14.50%
9/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$59.00 ➝ $50.00	+45.65%
9/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$47.00 ➝ $39.00	+15.04%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Escalante Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
3/20/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy
10/12/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$39.00 ➝ $41.00	-8.69%
4/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$41.00	+4.86%
3/8/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:55 AM ET.

MUR Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Murphy Oil is $40.92, with a high forecast of $50.00 and a low forecast of $36.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Murphy Oil in the last twelve months. There are currently 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MUR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MUR, but not buy additional shares or sell existing shares.
: According to analysts, Murphy Oil's stock has a predicted upside of 22.40% based on their 12-month stock forecasts.
: Murphy Oil has been rated by research analysts at Barclays, BMO Capital Markets, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Scotiabank, The Goldman Sachs Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Murphy Oil less than other "oils/energy" companies. The consensus rating for Murphy Oil is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how MUR compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

JD Vance Predicts: Wall Street vs. Trump & Your Money (Ad)

Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.

Get your free guide NOW before it's too late.

This page (NYSE:MUR) was last updated on 11/21/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Murphy Oil (MUR) Stock Forecast & Price Target