In the last quarter, Magnolia Oil & Gas MGY has observed the following analyst ratings:
| bullish | A bit bullish | indifferent | A bit bearish | bass player | |
|---|---|---|---|---|---|
| Total ratings | 4 | 3 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M ago | 1 | 1 | 0 | 0 | 0 |
| 2 M ago | 3 | 0 | 0 | 0 | 0 |
| 3M ago | 0 | 1 | 0 | 0 | 0 |
In the past 3 months, 7 analysts have offered 12-month price targets for Magnolia Oil & Gas. The company has an average target price of $32.21 with a high of $36.00 and a low of $25.50.
Below is a summary of how these 7 analysts rated Magnolia Oil & Gas over the past 3 months. The higher the number of bullish ratings, the more positive analysts are on the stock and the higher the number of bearish ratings, the more negative analysts are on the stock.
This current average is down 3.85% from the previous average target price of $33.50.
Stay up-to-date with Magnolia Oil & Gas analyst ratings.
Analysts are specialists within the banking and financial systems who usually report on specific stocks or within defined sectors. These people research the company’s financial statements, sit in on conferences and meetings, and talk to insiders to determine what are known as analyst ratings for the stock. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth, earnings and revenue estimates to provide additional guidance with their valuations. When using analyst ratings, it’s important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success ratings in Benzinga Pro.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
