Murphy Oil (NYSE:MUR) Target Raised by UBS Group AG to $15.00

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Murphy Oil stock has undergone multiple analysts rating changes in the recent past.  Murphy Oil stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $15.00. The analysts previously had $5.50 target price. UBS Group AG’s price target would indicate a potential upside of 18.30% from the stock’s previous close.

Shares of Murphy Oil traded up $0.90 on Monday, reaching $13.14. 0 shares of the stock traded hands, compared to its average volume of 4507868. Shares of were trading at $13.14 on Monday. The firm’s 50 day moving average is $$12.53 and its 200 day moving average is $17.95.Murphy Oil  has a 12 month low of $12.11 and a 12 month high of $28.12. While on yearly highs and lows, Murphy Oil today has traded high as $13.16 and has touched $12.11 on the downward trend.

Murphy Oil Earnings and What to expect: 

Murphy Oil last released its quarterly earnings data on May 6th, 2020. The oil and gas producer reported ($0.30) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.15. The business earned $1 billion during the quarter, compared to the consensus estimate of $600.87 million. Its revenue was up 59.2% compared to the same quarter last year. Murphy Oil has generated $0.87 earnings per share over the last year and currently has a price-to-earnings ratio of 3.2. Murphy Oil has confirmed that its next quarterly earnings report will be published on Thursday, August 6th, 2020. Murphy Oil will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Earnings for Murphy Oil are expected to decrease in the coming year, from ($2.45) to ($2.84) per share. The P/E ratio of Murphy Oil is 3.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.16. The P/E ratio of Murphy Oil is 3.17, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.34. Murphy Oil has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 6.59%
  • On 6/9/2020 VP Christopher D Hulse Sell 5,000 at average share price of $15.67 which equates to $78,350.00 in money value.
  • On 6/5/2020 VP Christopher D Hulse Sell 4,447 at average price of  $17.12 with total value of : Not Data Available
  • On 3/18/2020 VP E Ted Botner Buy 20,000 at average price of  $4.68 with total value of : $93,600.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Murphy Oil

  • 6/22/2020 – Murphy Oil was downgraded by analysts at Goldman Sachs Group Inc from a “buy” rating to a “neutral” rating. They now have a $14.50 price target on the stock, up previously from $13.50.
  • 6/19/2020 – Murphy Oil was upgraded by analysts at Mizuho from an “underperform” rating to a “neutral” rating. They now have a $16.00 price target on the stock, up previously from $8.00.
  • 6/11/2020 – Murphy Oil had its price target raised by analysts at KeyCorp from $16.00 to $20.00. They now have an “overweight” rating on the stock.
  • 6/8/2020 – Murphy Oil was downgraded by analysts at MKM Partners from a “buy” rating to a “neutral” rating. They now have a $16.00 price target on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Suncor Energy had its price target raised by analysts at UBS Group AG from $24.50 to $42.00. They now have a “buy” rating on the stock.
  • 6/29/2020 – Media General had its price target raised by analysts at UBS Group AG to $4.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Cenovus Energy had its price target raised by analysts at UBS Group AG from $2.70 to $6.00. They now have a “neutral” rating on the stock.
  • 6/29/2020 – Canadian Natural Resources had its price target raised by analysts at UBS Group AG from $28.00 to $37.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

Murphy Oil (NYSE:MUR) Moving Average Technical Analysis

5 day Moving Average is $$13.12 And 5 day price change is -$1.58 (-10.73%)  with average volume for 5 day average is 4,204,380. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $14.74 and 20 day price change is $0.01 (0.08%) and average 20 day moving volume is 4,579,485. 50 day moving average is $12.53  and 50 day price change is $5.20 ( 65.49%)  and with average volume for 50 days is : 5,037,076. 200 day moving average is $17.95  and 200 day price change is -$7.28 (-35.65%)  and with average volume for 200 days is : 4,106,146.

See More Analyst Rating at: RATING