Are Analysts Bullish Murphy Oil Corporation (NYSE:MUR) After Last Week?

April 17, 2018 - By Darrin Black

Murphy Oil Corporation (NYSE:MUR) LogoInvestors sentiment increased to 0.91 in Q4 2017. Its up 0.05, from 0.86 in 2017Q3. It increased, as 47 investors sold Murphy Oil Corporation shares while 92 reduced holdings. 44 funds opened positions while 82 raised stakes. 156.61 million shares or 4.92% less from 164.72 million shares in 2017Q3 were reported.
Robeco Institutional Asset Management Bv has invested 0.07% in Murphy Oil Corporation (NYSE:MUR). Teachers Retirement Sys Of The State Of Kentucky accumulated 33,700 shares. Hsbc Hldgs Public Limited Company invested in 0.01% or 274,295 shares. Ahl Prtnrs Ltd Liability Partnership stated it has 54,078 shares. Commerzbank Aktiengesellschaft Fi reported 8,674 shares. Finance Architects Inc accumulated 375 shares. Moreover, Old Mutual Glob Invsts (Uk) Ltd has 0% invested in Murphy Oil Corporation (NYSE:MUR) for 10,400 shares. Gargoyle Investment Advisor Limited Liability Company holds 0.23% in Murphy Oil Corporation (NYSE:MUR) or 18,274 shares. Toronto Dominion National Bank & Trust invested in 0% or 752 shares. Stratos Wealth Prtnrs Ltd holds 0% in Murphy Oil Corporation (NYSE:MUR) or 76 shares. United Svcs Automobile Association has invested 0.02% in Murphy Oil Corporation (NYSE:MUR). First Personal Financial accumulated 370 shares. Panagora Asset Mngmt Incorporated holds 0% in Murphy Oil Corporation (NYSE:MUR) or 20,991 shares. Oregon Public Employees Retirement Fund reported 95,015 shares stake. 59,604 are owned by Us Bank De.

Since February 2, 2018, it had 0 insider buys, and 1 sale for $965,516 activity.

Murphy Oil Corporation (NYSE:MUR) Ratings Coverage

Among 7 analysts covering Murphy Oil (NYSE:MUR), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Murphy Oil had 13 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of Murphy Oil Corporation (NYSE:MUR) has “Buy” rating given on Tuesday, March 13 by Stephens. As per Friday, February 2, the company rating was maintained by Barclays Capital. The stock of Murphy Oil Corporation (NYSE:MUR) earned “Buy” rating by Stephens on Monday, January 22. The stock has “Underweight” rating by Morgan Stanley on Wednesday, October 18. Cowen & Co maintained it with “Hold” rating and $34.0 target in Thursday, January 18 report. The firm has “Underweight” rating given on Wednesday, January 24 by Morgan Stanley. The stock of Murphy Oil Corporation (NYSE:MUR) has “Hold” rating given on Tuesday, January 23 by Piper Jaffray. The stock of Murphy Oil Corporation (NYSE:MUR) has “Hold” rating given on Monday, December 11 by Credit Suisse. Cowen & Co maintained Murphy Oil Corporation (NYSE:MUR) rating on Thursday, October 19. Cowen & Co has “Hold” rating and $30.0 target. Piper Jaffray maintained Murphy Oil Corporation (NYSE:MUR) on Monday, February 5 with “Hold” rating. Below is a list of Murphy Oil Corporation (NYSE:MUR) latest ratings and price target changes.

13/03/2018 Broker: Stephens Rating: Buy New Target: $34.0 Maintain
07/03/2018 Broker: UBS Rating: Neutral New Target: $28 Initiates Coverage On
05/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $33.0 Maintain
02/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $29 New Target: $34 Maintain
23/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $34.0 Maintain
24/01/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $26 New Target: $33 Maintain
22/01/2018 Broker: Stephens Rating: Buy New Target: $37.0 Maintain
18/01/2018 Broker: Cowen & Co Rating: Hold New Target: $34.0 Maintain
11/12/2017 Broker: Credit Suisse Rating: Hold New Target: $30.0 Initiate
21/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $28.0 Maintain

The stock increased 0.80% or $0.23 during the last trading session, reaching $28.9. About 941,502 shares traded. Murphy Oil Corporation (NYSE:MUR) has declined 2.02% since April 17, 2017 and is downtrending. It has underperformed by 13.57% the S&P500.

Murphy Oil Corporation operates as an gas and oil exploration and production firm worldwide. The company has market cap of $5.00 billion. It explores for and produces crude oil, natural gas, and natural gas liquids. It currently has negative earnings. The firm was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964.

Murphy Oil Corporation (NYSE:MUR) Institutional Positions Chart

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