NYSE:MGY - Magnolia Oil & Gas Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $7.41
  • Forecasted Upside: 5.84 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$7.00
▲ +0.1 (1.45%)
1 month | 3 months | 12 months
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Analyst Price Target for MGY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$7.41
▲ +5.84% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Magnolia Oil & Gas in the last 3 months. The average price target is $7.41, with a high forecast of $10.00 and a low forecast of $6.00. The average price target represents a 5.84% upside from the last price of $7.00.
Buy
The current consensus among 12 contributing investment analysts is to buy stock in Magnolia Oil & Gas. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/8/2019
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/6/2019
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/5/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/4/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/2/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/31/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/29/2020

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/18/2020Piper SandlerBoost Price TargetNeutral$5.00 ➝ $6.00High
i
11/9/2020Credit Suisse GroupLower Price TargetNeutral$7.00 ➝ $6.00Low
i
11/6/2020Northland SecuritiesUpgradeMarket Perform ➝ OutperformHigh
i
Rating by Jeff Grampp at Northland Securities
10/22/2020Piper SandlerLower Price TargetNeutral$8.00 ➝ $5.00High
i
10/20/2020KeyCorpLower Price TargetOverweight$9.00 ➝ $8.00Medium
i
8/27/2020BarclaysUpgradeEqual Weight ➝ Overweight$7.00 ➝ $8.00High
i
Rating by William S. Thompson at Barclays PLC
8/13/2020The Goldman Sachs GroupInitiated CoverageBuy$8.00Low
i
8/6/2020Northland SecuritiesInitiated CoverageHold$7.50High
i
Rating by Jeff Grampp at Northland Securities
7/27/2020Seaport Global SecuritiesInitiated CoverageNeutralHigh
i
Rating by N. Pope at Seaport Global Securities
7/20/2020Northland SecuritiesBoost Price TargetMarket Perform$5.00 ➝ $7.50Low
i
Rating by Jeff Grampp at Northland Securities
7/17/2020KeyCorpBoost Price TargetOverweight$8.00 ➝ $9.00Medium
i
7/13/2020ScotiabankBoost Price TargetSector Outperform$7.50 ➝ $9.00High
i
Rating by Matthew Sorenson at Scotiabank
6/4/2020MKM PartnersInitiated CoverageBuy$7.00High
i
5/13/2020SunTrust BanksLower Price TargetHold$7.00 ➝ $6.00High
i
5/12/2020R. F. LaffertyLower Price TargetBuy$10.00 ➝ $6.00High
i
5/6/2020ScotiabankInitiated CoverageBuy$7.50High
i
3/31/2020R. F. LaffertyLower Price TargetBuy$19.00 ➝ $10.00Medium
i
3/26/2020KeyCorpLower Price TargetOverweight$9.00 ➝ $8.00High
i
Rating by Leo Mariani at KeyCorp
3/24/2020BarclaysDowngradeOverweight ➝ Equal Weight$7.00High
i
3/19/2020Credit Suisse GroupInitiated CoverageHold$7.00Low
i
Rating by William Janela at Credit Suisse Group AG
3/13/2020Northland SecuritiesDowngradeOutperform ➝ HoldLow
i
3/10/2020Wells Fargo & CompanyLower Price TargetOverweight$15.00 ➝ $10.00High
i
3/9/2020Piper SandlerDowngradeOverweight ➝ NeutralHigh
i
3/9/2020SunTrust BanksDowngradeBuy ➝ HoldHigh
i
1/22/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
i
11/27/2019KeyCorpInitiated CoverageOverweight$14.00Low
i
Rating by Leo Mariani at KeyCorp
11/19/2019Johnson RiceDowngradeBuy ➝ AccumulateLow
i
11/18/2019KeyCorpInitiated CoverageOverweight$14.00High
i
9/30/2019Piper Jaffray CompaniesLower Price TargetOverweight$14.00 ➝ $13.00Low
i
Rating by Kashy Harrison at Piper Jaffray Companies
9/23/2019CitigroupBoost Price TargetNeutral$11.50 ➝ $12.00Low
i
8/30/2019BarclaysInitiated CoverageOverweight$13.00Low
i
8/7/2019R. F. LaffertySet Price TargetBuy$20.00Low
i
Rating by Jaime Perez at R. F. Lafferty
7/8/2019Piper Jaffray CompaniesInitiated CoverageOverweight ➝ Overweight$14.00High
i
5/20/2019Wells Fargo & CompanyInitiated CoverageOutperform ➝ Outperform$16.00Low
i
4/9/2019JPMorgan Chase & Co.Initiated CoverageOverweight ➝ Overweight$16.00High
i
4/1/2019Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$15.00High
i
2/26/2019OppenheimerSet Price TargetBuy$15.00Medium
i
Rating by Tim Rezvan at Oppenheimer Holdings Inc.
2/26/2019Northland SecuritiesReiterated RatingBuy$19.00Medium
i
2/2/2019OppenheimerInitiated CoverageBuy$15.00Low
i
Rating by Tim Rezvan at Oppenheimer Holdings Inc.
1/17/2019R. F. LaffertyInitiated CoverageBuy$17.00Low
i
1/9/2019140166Initiated CoveragePositive ➝ Positive$16.00High
i
1/9/2019CitigroupInitiated CoveragePositive$16.00Medium
i
1/8/2019OppenheimerInitiated CoverageOutperform$15.00Low
i
1/7/2019Johnson RiceInitiated CoverageBuy ➝ Buy$17.00Low
i
11/30/2018CitigroupInitiated CoverageNeutral ➝ Neutral$13.00High
i
10/25/2018Mitsubishi UFJ Financial GroupReiterated RatingOverweightMedium
i
Rating by M. Mcallister at Mitsubishi UFJ Financial Group
8/22/2018Imperial CapitalReiterated RatingOutperform ➝ Buy$16.00 ➝ $18.00High
i
Rating by I. Haas at Imperial Capital
8/15/2018Imperial CapitalReiterated RatingOutperform$16.00 ➝ $18.00Low
i
Rating by I. Haas at Imperial Capital
8/2/2018SunTrust BanksInitiated CoverageBuyN/A
i
8/1/2018Imperial CapitalInitiated CoverageBuy$16.00N/A
i
(Data available from 11/29/2015 forward)
Magnolia Oil & Gas logo
Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2019, its assets consisted of a total leasehold position of 450,854 net acres, including 22,088 net acres in Karnes, Gonzales, DeWitt, and Atascosa counties, Texas; 428,766 net acres in the Giddings Field; and approximately 1,141 net wells with a total production capacity of 66.8 thousand barrels of oil equivalent per day. The company is headquartered in Houston, Texas.
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Today's Range

Now: $7.00
$6.80
$7.01

50 Day Range

MA: $5.17
$4.13
$6.97

52 Week Range

Now: $7.00
$3.23
$13.28

Volume

1,244,748 shs

Average Volume

2,020,138 shs

Market Capitalization

$1.76 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.52