Murphy Oil's Price Target Raised to $24 by UBS Analyst Josh Silverstein

Thursday, Aug 14, 2025 3:50 pm ET1min read

UBS analyst Josh Silverstein has raised the price target for Murphy Oil (MUR) to $24 from $23, while maintaining a Neutral rating.

UBS analyst Josh Silverstein has recently raised the price target for Murphy Oil (MUR) to $24 from $23, while maintaining a Neutral rating. This move reflects the analyst's assessment of the company's current market conditions and performance.

According to recent analyst reports, Murphy Oil has seen a variety of opinions from financial experts over the past quarter. The ratings have ranged from bullish to bearish, with a majority leaning towards a somewhat neutral stance. Over the past 30 days, analysts have been relatively indifferent towards Murphy Oil, with no significant changes in their ratings [1].

Josh Silverstein's decision to raise the price target to $24 comes as part of a broader trend among analysts. The average 12-month price target for Murphy Oil has increased to $24.83, with estimates ranging from $23.00 to $26.00. This marks a 3.46% increase from the previous average price target of $24.00 [1].

Silverstein's action is part of a larger pattern of analysts adjusting their ratings and price targets in response to changes in market conditions and company performance. For instance, UBS analyst Hanwen Chang raised the rating for Murphy Oil to Equal-Weight, while Scotiabank analyst Paul Cheng upgraded the rating to Sector Perform. Conversely, Wells Fargo analyst Roger Read lowered the rating to Equal-Weight, and Morgan Stanley analyst Devin McDermott downgraded the rating to Underweight [1].

The changes in analyst ratings and price targets provide valuable insights into the market's perception of Murphy Oil. While the company has faced challenges, such as a decline in revenue growth and lower net margins, the positive trend in analyst ratings suggests a potential recovery in the company's stock price.

References:
[1] https://www.benzinga.com/insights/analyst-ratings/25/08/47101479/where-murphy-oil-stands-with-analysts
[2] https://www.reuters.com/sustainability/sustainable-finance-reporting/cevian-capital-raised-share-stake-ubs-group-by-99-q2-2025-08-14/
[3] https://www.marketbeat.com/ratings/by-issuer/ubs-group-stock-recommendations/

Murphy Oil's Price Target Raised to $24 by UBS Analyst Josh Silverstein

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