In a report released today, Brian Singer from Goldman Sachs maintained a Hold rating on Murphy Oil (MUR – Research Report), with a price target of $34.00. The companys shares closed last Friday at $30.39. Singer has an average return of 3.0% when recommending Murphy Oil.

According to TipRanks.com, Singer is ranked #2069 out of 7907 analysts.

Murphy Oil has an analyst consensus of Moderate Buy, with a price target consensus of $49.13.

See the top stocks recommended by analysts >> The company has a one-year high of $45.79 and a one-year low of $18.44. Currently, Murphy Oil has an average volume of 1.96M. Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MUR in relation to earlier this year. 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 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. Read More on MUR:

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