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Magnolia Oil & Gas Corp has a consensus price target of $26.6 based on the ratings of 18 analysts. The high is $34 issued by Truist Securities on January 13, 2025. The low is $21 issued by Wells Fargo on January 19, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Truist Securities, and B of A Securities on January 29, 2025, January 13, 2025, and January 13, 2025, respectively. With an average price target of $29.33 between Piper Sandler, Truist Securities, and B of A Securities, there's an implied 19.73% upside for Magnolia Oil & Gas Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Magnolia Oil & Gas (NYSE:MGY) was reported by Piper Sandler on January 29, 2025. The analyst firm set a price target for $26.00 expecting MGY to rise to within 12 months (a possible 6.12% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Magnolia Oil & Gas (NYSE:MGY) was provided by Piper Sandler, and Magnolia Oil & Gas maintained their neutral rating.
There is no last upgrade for Magnolia Oil & Gas
The last downgrade for Magnolia Oil & Gas Corp happened on January 13, 2025 when B of A Securities changed their price target from $29 to $28 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 January 29, 2025 so you should expect the next rating to be made available sometime around January 29, 2026.
While ratings are subjective and will change, the latest Magnolia Oil & Gas (MGY) rating was a maintained with a price target of $24.00 to $26.00. The current price Magnolia Oil & Gas (MGY) is trading at is $24.50, which is within the analyst’s predicted range.
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