Murphy Oil Corp has a consensus price target of $40.53 based on the ratings of 20 analysts. The high is $53 issued by Mizuho on September 18, 2023. The low is $31 issued by Truist Securities on January 31, 2025. The 3 most-recent analyst ratings were released by Barclays, UBS, and Keybanc on February 3, 2025, respectively. With an average price target of $34.33 between Barclays, UBS, and Keybanc, there's an implied 25.08% upside for Murphy Oil Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Murphy Oil (NYSE:MUR) was reported by Barclays on February 3, 2025. The analyst firm set a price target for $34.00 expecting MUR to rise to within 12 months (a possible 23.86% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Murphy Oil (NYSE:MUR) was provided by Barclays, and Murphy Oil maintained their equal-weight rating.
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.
The last downgrade for Murphy Oil Corp happened on January 31, 2025 when Truist Securities changed their price target from $42 to $31 for Murphy Oil Corp.
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 February 3, 2025 so you should expect the next rating to be made available sometime around February 3, 2026.
While ratings are subjective and will change, the latest Murphy Oil (MUR) rating was a maintained with a price target of $37.00 to $34.00. The current price Murphy Oil (MUR) is trading at is $27.45, which is out of the analyst’s predicted range.
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