Magnolia Oil Stock Target Price and Analyst Consensus
MGY Stock | USD 28.23 0.52 1.88% |
The current analyst and expert consensus on Magnolia Oil is Buy with 6 hold recommendations. The current projected Magnolia Oil target price consensus is 26.83 with 17 analyst opinions. One of the most common ways Magnolia Oil Gas analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Magnolia Oil vendors, executives, and/or customers. Magnolia Oil recommendation module provides expert sentiment on the projected Magnolia Oil Gas target price to derive its highest and lowest estimates based on target price standard deviation of 2.0532.
Lowest Forecast 24.42 | Highest Forecast 29.78 | Target Price 26.83 |
Magnolia |
It's important to approach Magnolia Oil's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Magnolia Oil price targets
Magnolia Oil's stock target price is an estimate of its future price, usually made by analysts. Using Magnolia Oil's target price to determine if it is a suitable investment can be done through the following steps:- Look at Magnolia Oil's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Magnolia Oil's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Magnolia Oil Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Magnolia Oil is a key component of Magnolia Oil valuation and have some predictive power on the future returns of a Magnolia Oil.Trending Themes
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Additional Tools for Magnolia Stock Analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.