Jefferies analyst Matthew Fishbein maintained a Hold rating on Murphy USA (MUSA – Research Report) yesterday and set a price target of $227.00. The company’s shares closed last Thursday at $243.40, close to its 52-week high of $251.28.
According to TipRanks.com, Fishbein is a 1-star analyst with an average return of -3.5% and a 50.0% success rate. Fishbein covers the Consumer Goods sector, focusing on stocks such as Casey’s General, Sprouts Farmers, and Kroger Company.
Currently, the analyst consensus on Murphy USA is a Moderate Buy with an average price target of $227.67, which is a -4.5% downside from current levels. In a report issued on May 5, J.P. Morgan also maintained a Hold rating on the stock with a $186.00 price target.
Murphy USA’s market cap is currently $5.77B and has a P/E ratio of 12.49.
Based on the recent corporate insider activity of 39 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 MUSA 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 USA, Inc. engages in the motor fuel products and convenience merchandise through retail stores, namely Murphy USA and Murphy Express. It provides Walmart discount program which offers a cents-off per gallon purchased for fuel when using specific payment methods. The company was founded on March 1, 2013 and is headquartered in El Dorado, AR.
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