Magnolia Oil & Gas Corp (MGY)
(Delayed Data from NYSE)
$26.85 USD
+0.60 (2.29%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $26.90 +0.05 (0.19%) 7:12 PM ET
5-Strong Sell of 5 5
D Value B Growth F Momentum C VGM
Magnolia Oil & Gas Corp (MGY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$27.00 | $32.00 | $22.00 | 2.86% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for Magnolia Oil & Gas Corp comes to $27.00. The forecasts range from a low of $22.00 to a high of $32.00. The average price target represents an increase of 2.86% from the last closing price of $26.25.
Analyst Price Targets (12)
Broker Rating
Magnolia Oil & Gas Corp currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 2.20 a month ago based on 15 recommendations.
Of the 14 recommendations deriving the current ABR, seven are Strong Buy, representing 50% of all recommendations. A month ago, Strong Buy represented 46.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 7 | 6 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 7 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 1 | 1 | 1 | 1 |
ABR | 2.29 | 2.20 | 2.20 | 2.20 | 2.29 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/1/2024 | Wells Fargo Securities | Hanwen Chang | Hold | Strong Sell |
9/18/2024 | Capital One Securities | Phillips L Johnston | Strong Buy | Strong Buy |
9/16/2024 | Mizuho SecuritiesUSA | William J Janela | Hold | Hold |
9/4/2024 | Truist Securities | Neal D Dingmann | Strong Buy | Strong Buy |
9/3/2024 | KeyBanc Capital Markets | Tim A Rezvan | Hold | Hold |
8/15/2024 | Piper Sandler | Mark A Lear | Hold | Hold |
8/1/2024 | The Benchmark Company | Subash Chandra | Hold | Hold |
7/22/2024 | Susquehanna Financial Group | Biju Perincheril | Strong Buy | Strong Buy |
7/18/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
5/7/2024 | Roth Capital Partners | Leo Mariani | Strong Buy | Strong Buy |
4/15/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
1/2/2024 | Goldman Sachs | Umang Choudhary | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.29 |
ABR (Last week) | 2.20 |
# of Recs in ABR | 14 |
Average Target Price | $27.00 |
LT Growth Rate | 9.90% |
Industry | Oil and Gas - Exploration and Production - United States |
Industry Rank by ABR | 237 of 252 |
Current Quarter EPS Est: | 0.49 |
MGY FAQs
Magnolia Oil & Gas Corp (MGY) currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms.
The average price target for Magnolia Oil & Gas Corp (MGY) is $27.00. The current on short-term price targets is based on 6 reports.
The forecasts for Magnolia Oil & Gas Corp (MGY) range from a low of $22 to a high of $32. The average price target represents a increase of $2.86 from the last closing price of $26.25.
The current UPSIDE for Magnolia Oil & Gas Corp (MGY) is 2.86%
Based on short-term price targets offered by 12 analysts, the average price target for Magnolia Oil & Gas Corp comes to $27.00. The forecasts range from a low of $22.00 to a high of $32.00. The average price target represents an increase of 2.86% from the last closing price of $26.25.