The latest price target for Murphy Oil (NYSE:MUR) was reported by Piper Sandler on December 17, 2024. The analyst firm set a price target for $39.00 expecting MUR to rise to within 12 months (a possible 16.07% upside). 42 analyst firms have reported ratings in the last year.

The latest analyst rating for Murphy Oil (NYSE:MUR) was provided by Piper Sandler, and Murphy Oil maintained their overweight 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 August 15, 2024 when JP Morgan changed their price target from $50 to $47 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

While ratings are subjective and will change, the latest Murphy Oil (MUR) rating was a maintained with a price target of $42.00 to $39.00. The current price Murphy Oil (MUR) is trading at is $33.60, which is out of the analyst’s predicted range.