Mizuho Securities analyst Vincent Lovaglio maintained a Hold rating on Murphy Oil Corp (NYSE:MUR). on Thursday, setting a price target of $34, which is approximately 18.14% above the present share price of $28.78.
Lovaglio expects Murphy Oil Corp. to post earnings per share (EPS) of -$0.41 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Murphy Oil, with an average price target of $31.83.
The analysts price targets range from a high of $40 to a low of $25.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $758.83 million and a net profit of $230.28 million. The company's market cap is $4.44 billion.
According to TipRanks.com, Mizuho Securities analyst Vincent Lovaglio is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.5% and a 78.95% success rate.
Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and natural gas. It operates through the Exploration and Production and Corporate and Other segment. The Exploration and Production segment includes the United States, Canada, and all other countries. The Corporate and Other segment focuses on interest income, other gains and losses, interest expense, and unallocated overhead. The company was founded by Charles H. Murphy Jr. in 1950 and is headquartered in El Dorado, AR.