Credit Suisse Maintains Their Hold Rating on Murphy Oil Corp (MUR)

In a report released yesterday, William Featherston from Credit Suisse maintained a Hold rating on Murphy Oil Corp (MURResearch Report), with a price target of $31. The company’s shares closed yesterday at $28.24.

According to, Featherston has 0 stars on 0-5 star ranking scale with an average return of -4.6% and a 43.5% success rate. Featherston covers the Basic Materials sector, focusing on stocks such as Oasis Petroleum Inc, Anadarko Petroleum, and Chesapeake Energy.

Murphy Oil Corp has an analyst consensus of Hold, with a price target consensus of $31.78, implying a 12.5% upside from current levels. In a report issued on February 4, Stephens also reiterated a Hold rating on the stock with a $37 price target.

See today’s analyst top recommended stocks >>

Based on Murphy Oil Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $103 million. In comparison, last year the company had a GAAP net loss of $287 million.

Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Murphy Oil Corp. is a holding company, which engages in the exploration and production of oil and gas. It operates through the following geographical segments: United States, Canada, Malaysia, and Other. Its products include oil and gas liquids, natural gas, and synthetic oil.

Leave a Reply

Your email address will not be published. Required fields are marked *