Seeing Is Believing
MGY is currently covered by 7 analysts with an average price target of $31.25. This is a potential upside of $3.02 (10.7%) from yesterday's end of day stock price of $28.23.
Magnolia Oil & Gas Corp's activity chart (see below) currently has 48 price targets and 64 ratings on display. The stock rating distribution of MGY is 71.05% BUY, 21.05% HOLD and 7.89% SELL.
Analysts average stock forecasts to be materialized ratio is 66.68% with an average time for these price targets to be met of 377.67 days.
Highest price target for MGY is $33, Lowest price target is $21, average price target is $31.25.
Most recent stock forecast was given by NEAL DINGMANN from TRUIST on 01-Nov-2024. First documented stock forecast 02-Aug-2018.
Currently out of the existing stock ratings of MGY, 27 are a BUY (71.05%), 8 are a HOLD (21.05%), 3 are a SELL (7.89%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$33
$6.15 (22.91%)
$31
20 days ago
(01-Nov-2024)
3/14 (21.43%)
$8 (32.00%)
495
Buy
$32
$5.15 (19.18%)
$33
2 months 17 days ago
(04-Sep-2024)
1/5 (20%)
$7.88 (32.67%)
980
Hold
$26
$-0.85 (-3.17%)
$29
3 months 6 days ago
(15-Aug-2024)
6/16 (37.5%)
$0.86 (3.42%)
71
Sell
$22
$-4.85 (-18.06%)
7 months 6 days ago
(15-Apr-2024)
2/3 (66.67%)
$-4.19 (-16.00%)
115
Buy
$28
$1.15 (4.28%)
$24.5
7 months 26 days ago
(26-Mar-2024)
3/4 (75%)
$2.96 (11.82%)
265
What is MGY (Magnolia Oil & Gas Corp) average time for price targets to be met?
Which analyst has the current highest performing score on MGY (Magnolia Oil & Gas Corp) with a proven track record?
Which analyst has the most public recommendations on MGY (Magnolia Oil & Gas Corp)?
Which analyst is the currently most bullish on MGY (Magnolia Oil & Gas Corp)?
Which analyst is the currently most reserved on MGY (Magnolia Oil & Gas Corp)?