Magnolia Oil & Gas Corporation (MGY) Social Stream
MAGNOLIA OIL & GAS CORP (MGY) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering MAGNOLIA OIL & GAS CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-16 | 11 | $27 | $7 | $19.222 | $23.81 | -19.27% |
| 2021-12-07 | 10 | $27 | $14 | $20.875 | $23.81 | -12.33% |
| 2021-12-30 | 9 | $27 | $14 | $21.857 | $23.81 | -8.2% |
| 2022-01-05 | 9 | $27 | $14 | $22 | $23.81 | -7.6% |
| 2022-01-19 | 9 | $28 | $14 | $22.142 | $23.81 | -7.01% |
| 2022-01-26 | 9 | $28 | $14 | $22.571 | $23.81 | -5.2% |
| 2022-02-17 | 9 | $27 | $14 | $22.285 | $23.81 | -6.4% |
| 2022-03-10 | 9 | $29 | $14 | $22.571 | $23.81 | -5.2% |
| 2022-04-05 | 9 | $30 | $18 | $25.166 | $23.81 | 5.7% |
| 2022-04-07 | 8 | $31 | $18 | $25.5 | $23.81 | 7.1% |
| 2022-04-21 | 8 | $35 | $18 | $27.333 | $23.81 | 14.8% |
| 2022-05-11 | 8 | $35 | $18 | $27.571 | $23.81 | 15.8% |
| 2022-05-18 | 7 | $35 | $18 | $27.833 | $23.81 | 16.9% |
| 2022-07-22 | 8 | $39 | $18 | $29 | $23.81 | 21.8% |
| 2022-08-16 | 7 | $39 | $26 | $31 | $23.81 | 30.2% |
| 2022-09-15 | 8 | $39 | $26 | $30.833 | $23.81 | 29.5% |
| 2022-09-30 | 8 | $39 | $26 | $30.428 | $23.81 | 27.8% |
| 2022-10-09 | 8 | $37 | $26 | $30.143 | $23.81 | 26.6% |
| 2022-10-14 | 8 | $37 | $26 | $30 | $23.81 | 26% |
| 2022-10-18 | 8 | $37 | $26 | $29.857 | $23.81 | 25.4% |
| 2022-11-03 | 7 | $39 | $26 | $30.428 | $23.81 | 27.8% |
| 2022-11-17 | 7 | $37 | $26 | $30.714 | $23.81 | 29% |
| 2022-12-09 | 7 | $37 | $26 | $30.428 | $23.81 | 27.8% |
| 2022-12-12 | 7 | $36 | $26 | $29.285 | $23.81 | 22.99% |
| 2023-01-04 | 7 | $36 | $26 | $29.428 | $23.81 | 23.6% |
| 2023-01-11 | 8 | $35 | $25 | $29.25 | $23.81 | 22.85% |
| 2023-01-25 | 8 | $35 | $25 | $29.125 | $23.81 | 22.32% |
The Trend in the Analyst Price Target
Over the past 24 months, MGY's average price target has gone up $19.72.
Over the past 50 weeks, MGY's average upside potential has been 24.53%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-04-07 | 8 | 31 | 18 | 25.500 | 24.33 | 4.81% |
| 2022-05-18 | 7 | 35 | 18 | 27.857 | 23.77 | 17.19% |
| 2022-08-09 | 7 | 39 | 26 | 31.000 | 22.17 | 39.83% |
| 2023-01-04 | 8 | 36 | 26 | 29.428 | 22.38 | 31.49% |
| 2023-01-25 | 8 | 35 | 25 | 29.125 | 23.11 | 26.03% |
MGY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.75 | 5 | 0 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 26 weeks, MGY's average broker recommendation rating improved by 0.25.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In the context of all US stocks, MAGNOLIA OIL & GAS CORP's upside potential (average analyst target price relative to current price) is higher than 1131.91% of them.
- MAGNOLIA OIL & GAS CORP's number of analysts covering the stock is higher than 1121.13% of Petroleum and Natural Gas stocks.
- In the context of Petroleum and Natural Gas stocks, MAGNOLIA OIL & GAS CORP's average analyst price target is higher than 1131.16% of them.
- MAGNOLIA OIL & GAS CORP's variance in analysts' estimates is lower than -1551.92% of Petroleum and Natural Gas stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Petroleum and Natural Gas industry with the ratings most similar to MAGNOLIA OIL & GAS CORP are ERF, VET, and BSM.
View All Top Stocks by Price Target
What is the outlook for MGY? Use POWR Ratings for clearer insight into price direction.