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Murphy Oil

MURNYSE
Logo brought to you by Benzinga Data
$31.49
-0.83-2.57%
At close: -
$31.49
0.000.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$53.00
Lowest Price Target1
$36.00
Consensus Price Target1
$43.42

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

Murphy Oil Corp has a consensus price target of $43.42 based on the ratings of 20 analysts. The high is $53 issued by Mizuho on September 18, 2023. The low is $36 issued by Scotiabank on October 10, 2024. The 3 most-recent analyst ratings were released by UBS, Piper Sandler, and Barclays on November 18, 2024, November 18, 2024, and November 11, 2024, respectively. With an average price target of $39 between UBS, Piper Sandler, and Barclays, there's an implied 23.85% upside for Murphy Oil Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jul
1
4
Aug
2
4
Sep
2
3
Oct
1
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Piper Sandler
Barclays
Keybanc
Scotiabank

1calculated from analyst ratings

Analyst Ratings for Murphy Oil

Buy NowGet Alert
11/18/2024Buy Now20.67%UBS$39 → $38MaintainsNeutralGet Alert
11/18/2024Buy Now33.38%Piper Sandler$43 → $42MaintainsOverweightGet Alert
11/11/2024Buy Now17.5%Barclays$38 → $37MaintainsEqual-WeightGet Alert
10/16/2024Buy Now58.78%Keybanc$54 → $50MaintainsOverweightGet Alert
10/15/2024Buy Now36.55%Piper Sandler$44 → $43MaintainsOverweightGet Alert
10/10/2024Buy Now14.32%Scotiabank$47 → $36MaintainsSector PerformGet Alert
10/07/2024Buy Now23.85%Goldman Sachs$44 → $39MaintainsNeutralGet Alert
10/04/2024Buy Now27.02%BMO Capital$42 → $40MaintainsMarket PerformGet Alert
10/03/2024Buy Now20.67%Barclays$46 → $38MaintainsEqual-WeightGet Alert
09/30/2024Buy Now33.38%Truist Securities$55 → $42MaintainsBuyGet Alert
09/27/2024Buy Now23.85%Wells Fargo$41 → $39MaintainsEqual-WeightGet Alert
09/18/2024Buy Now23.85%UBS$45 → $39MaintainsNeutralGet Alert
09/16/2024Buy Now23.85%Morgan Stanley$43 → $39MaintainsEqual-WeightGet Alert
09/16/2024Buy Now58.78%Mizuho$59 → $50MaintainsOutperformGet Alert
09/12/2024Buy Now23.85%JP Morgan$47 → $39MaintainsNeutralGet Alert
08/23/2024Buy Now30.2%Wells Fargo$47 → $41MaintainsEqual-WeightGet Alert
08/15/2024Buy Now39.73%Piper Sandler$54 → $44MaintainsOverweightGet Alert
08/15/2024Buy Now49.25%JP Morgan$50 → $47DowngradeOverweight → NeutralGet Alert
08/13/2024Buy Now42.9%UBS$49 → $45MaintainsNeutralGet Alert
08/12/2024Buy Now46.08%Barclays$54 → $46MaintainsEqual-WeightGet Alert
07/22/2024Buy Now74.66%Truist Securities$59 → $55MaintainsBuyGet Alert
07/18/2024Buy NowWolfe ResearchReinstates → Peer PerformGet Alert
07/18/2024Buy Now71.48%Piper Sandler$55 → $54MaintainsOverweightGet Alert
07/12/2024Buy Now49.25%Scotiabank$50 → $47MaintainsSector PerformGet Alert
05/13/2024Buy Now87.36%Mizuho$55 → $59MaintainsBuyGet Alert
04/22/2024Buy Now71.48%Keybanc$50 → $54MaintainsOverweightGet Alert
04/19/2024Buy Now74.66%Piper Sandler$49 → $55MaintainsOverweightGet Alert
04/15/2024Buy Now74.66%Mizuho$53 → $55MaintainsBuyGet Alert
04/11/2024Buy Now58.78%Scotiabank$46 → $50DowngradeSector Outperform → Sector PerformGet Alert
04/10/2024Buy Now71.48%Barclays → $54Initiates → Equal-WeightGet Alert
04/05/2024Buy Now87.36%Truist Securities$58 → $59MaintainsBuyGet Alert
04/04/2024Buy Now65.13%JP Morgan$51 → $52MaintainsOverweightGet Alert
03/21/2024Buy Now68.31%Mizuho$50 → $53ReiteratesBuy → BuyGet Alert
01/30/2024Buy Now55.6%Piper Sandler$50 → $49MaintainsOverweightGet Alert
01/29/2024Buy Now36.55%UBS$45 → $43MaintainsNeutralGet Alert
01/24/2024Buy Now58.78%Piper Sandler$56 → $50MaintainsOverweightGet Alert
01/12/2024Buy Now68.31%JP Morgan$56 → $53MaintainsOverweightGet Alert
01/11/2024Buy Now58.78%Keybanc$53 → $50MaintainsOverweightGet Alert
12/14/2023Buy Now42.9%UBS$50 → $45MaintainsNeutralGet Alert
12/06/2023Buy Now77.83%JP Morgan$58 → $56MaintainsOverweightGet Alert
11/28/2023Buy Now81.01%Truist Securities → $57ReiteratesBuy → BuyGet Alert
11/16/2023Buy Now77.83%Piper Sandler$52 → $56MaintainsOverweightGet Alert
10/04/2023Buy Now68.31%UBS$50 → $53MaintainsNeutralGet Alert
10/02/2023Buy Now52.43%Morgan Stanley$46 → $48MaintainsEqual-WeightGet Alert
09/18/2023Buy Now68.31%Mizuho$51 → $53MaintainsBuyGet Alert
08/28/2023Buy Now46.08%Wells Fargo$45 → $46MaintainsEqual-WeightGet Alert
08/23/2023Buy Now68.31%Keybanc$47 → $53MaintainsOverweightGet Alert
08/18/2023Buy Now46.08%Morgan Stanley$43 → $46MaintainsEqual-WeightGet Alert
08/17/2023Buy Now58.78%UBS$38 → $50MaintainsNeutralGet Alert
08/16/2023Buy Now61.96%Mizuho$48 → $51MaintainsBuyGet Alert
08/14/2023Buy Now68.31%Piper Sandler$50 → $53MaintainsOverweightGet Alert
07/13/2023Buy Now36.55%Morgan Stanley$44 → $43MaintainsEqual-WeightGet Alert
07/11/2023Buy Now49.25%Keybanc → $47Initiates → OverweightGet Alert
06/20/2023Buy Now46.08%Roth MKM → $46Reiterates → BuyGet Alert
06/13/2023Buy Now61.96%Piper Sandler$59 → $51MaintainsOverweightGet Alert
06/05/2023Buy Now90.54%Truist Securities$56 → $60MaintainsBuyGet Alert
05/19/2023Buy Now52.43%Mizuho$50 → $48MaintainsBuyGet Alert
05/18/2023Buy Now87.36%Piper Sandler$60 → $59MaintainsOverweightGet Alert
05/15/2023Buy Now39.73%Morgan Stanley$43 → $44MaintainsEqual-WeightGet Alert
04/21/2023Buy Now30.2%Goldman Sachs$34 → $41MaintainsNeutralGet Alert
04/19/2023Buy Now90.54%Piper Sandler$61 → $60MaintainsOverweightGet Alert
04/19/2023Buy Now36.55%Morgan Stanley$44 → $43MaintainsEqual-WeightGet Alert
04/19/2023Buy Now42.9%UBS → $45Initiates → NeutralGet Alert
04/11/2023Buy Now77.83%Truist Securities$49 → $56UpgradeHold → BuyGet Alert
03/27/2023Buy Now39.73%Morgan Stanley$45 → $44MaintainsEqual-WeightGet Alert
03/24/2023Buy Now7.97%Goldman Sachs$50 → $34MaintainsNeutralGet Alert
03/10/2023Buy Now58.78%Mizuho$51 → $50MaintainsBuyGet Alert
03/07/2023Buy Now93.71%Piper Sandler$66 → $61MaintainsOverweightGet Alert
01/27/2023Buy Now49.25%Wells Fargo$44 → $47MaintainsEqual-WeightGet Alert
01/24/2023Buy Now42.9%Morgan Stanley$47 → $45MaintainsEqual-WeightGet Alert
01/24/2023Buy Now55.6%Truist Securities$46 → $49MaintainsHoldGet Alert
01/10/2023Buy Now39.73%Wells Fargo$48 → $44MaintainsEqual-WeightGet Alert
01/10/2023Buy Now61.96%Mizuho$53 → $51Assumes → BuyGet Alert
12/14/2022Buy Now49.25%Morgan Stanley$48 → $47MaintainsEqual-WeightGet Alert
12/12/2022Buy Now46.08%Truist Securities → $46DowngradeBuy → HoldGet Alert
12/05/2022Buy Now77.83%JP Morgan → $56UpgradeNeutral → OverweightGet Alert
11/23/2022Buy Now58.78%Goldman Sachs$44 → $50MaintainsNeutralGet Alert
11/17/2022Buy Now115.94%Piper Sandler$62 → $68MaintainsOverweightGet Alert
11/04/2022Buy Now52.43%Wells Fargo$45 → $48MaintainsEqual-WeightGet Alert
10/24/2022Buy Now68.31%Mizuho$51 → $53MaintainsBuyGet Alert
10/19/2022Buy Now39.73%Goldman Sachs$38 → $44MaintainsNeutralGet Alert
10/19/2022Buy Now52.43%Morgan Stanley$49 → $48MaintainsEqual-WeightGet Alert
10/19/2022Buy Now46.08%Jefferies → $46Initiates → HoldGet Alert
10/18/2022Buy Now96.89%Piper Sandler$46 → $62MaintainsOverweightGet Alert
09/15/2022Buy Now131.82%Truist Securities$61 → $73MaintainsBuyGet Alert
08/22/2022Buy Now20.67%Goldman Sachs$34 → $38MaintainsNeutralGet Alert
07/22/2022Buy Now49.25%Piper Sandler$49 → $47MaintainsOverweightGet Alert
07/20/2022Buy Now20.67%MKM Partners → $38Assumes → BuyGet Alert
07/19/2022Buy Now61.96%Mizuho$59 → $51MaintainsBuyGet Alert
07/05/2022Buy Now7.97%Goldman Sachs$45 → $34MaintainsNeutralGet Alert
06/06/2022Buy Now55.6%Morgan Stanley$53 → $49MaintainsEqual-WeightGet Alert
05/31/2022Buy Now87.36%Mizuho$58 → $59MaintainsBuyGet Alert
05/05/2022Buy Now61.96%JP Morgan → $51DowngradeOverweight → NeutralGet Alert
04/22/2022Buy Now68.31%Morgan Stanley$35 → $53MaintainsEqual-WeightGet Alert
04/07/2022Buy Now71.48%Piper Sandler$38 → $54UpgradeNeutral → OverweightGet Alert
03/31/2022Buy Now84.19%Mizuho$42 → $58MaintainsBuyGet Alert
03/11/2022Buy Now20.67%Wells Fargo$30 → $38MaintainsEqual-WeightGet Alert
03/10/2022Buy Now20.67%Piper Sandler$32 → $38MaintainsNeutralGet Alert
02/11/2022Buy Now33.38%Mizuho$33 → $42UpgradeNeutral → BuyGet Alert
01/25/2022Buy Now11.15%Morgan Stanley$33 → $35MaintainsEqual-WeightGet 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 UBS on November 18, 2024. The analyst firm set a price target for $38.00 expecting MUR to rise to within 12 months (a possible 20.67% upside). 40 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 UBS, and Murphy Oil maintained their neutral 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 August 15, 2024 when JP Morgan changed their price target from $50 to $47 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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 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 $39.00 to $38.00. The current price Murphy Oil (MUR) is trading at is $31.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.