Credit Suisse Group Raises Murphy Oil Corporation (NYSE:MUR) Target Price To $ 39.00

Credit Suisse Group maintains Murphy Oil Corporation (NYSE:MUR) at Neutral rating, while revising the price target. The research firm raises target price to $ 39.00 up from previous mark of $ 37.00.

According to the previous trading day, closing price of MUR was $ 31.77, representing a 30.26 % increase from the 52 week low of $ 24.39 and a 13.01 % decrease over the 52 week high of $ 36.52.

Murphy Oil Corporation has a market capital of $ 6.15 billion and is part of the Basic Materials sector and Independent Oil & Gas industry.

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