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Magnolia Oil & Gas (MGY)
NYSE:MGY
Holding MGY?
Track your performance easily
See the Price Targets and Ratings of:
MGY Analyst Ratings
Moderate Buy
5 Buy
6 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MGY Stock 12 Month Forecast
Average Price Target
$27.88
▲(7.60% Upside)
| Highest Price Target$35.00 | Average Price Target$27.88 | Lowest Price Target$22.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Mizuho Securities
Reiterated
09/16/24
J.P. Morgan
Reiterated
09/12/24
Susquehanna
Reiterated
09/04/24
Truist Financial
Assigned
09/04/24
Seaport Global
Reiterated
08/28/24
Piper Sandler
Assigned
08/15/24
Wells Fargo
Reiterated
08/05/24
Citi
Reiterated
08/02/24
Siebert Williams Shank & Co
Reiterated
08/01/24
Benchmark Co.
Reiterated
08/01/24
Bank of America Securities
―
Buy
―
Reiterated
08/01/24
Analysts Are Bullish on Top Energy Stocks: Tetra Technologies (TTI), Magnolia Oil & Gas (MGY)
Capital One Financial
$28
Buy
8.07%
Upside
Initiated
06/11/24
Magnolia Oil & Gas initiated with an Overweight at Capital OneMagnolia Oil & Gas initiated with an Overweight at Capital One
Goldman Sachs
$24.5→$28
Buy
8.07%
Upside
Reiterated
04/08/24
Magnolia Oil Gas Corp. (MGY) PT Raised to $28 at Goldman SachsGoldman Sachs analyst Umang Choudhary raised the price target on Magnolia Oil Gas Corp. (NYSE: MGY) to $28.00 (from $24.50) while maintaining a Buy rating.
KeyBanc
―
Hold
―
Reiterated
12/21/23
KeyBanc Sticks to Its Hold Rating for Magnolia Oil & Gas (MGY)
Carlos Escalante
Not Ranked
Wolfe Research
$32
Buy
23.50%
Upside
Initiated
07/17/24
Magnolia Oil & Gas initiated with an Outperform at Wolfe ResearchMagnolia Oil & Gas initiated with an Outperform at Wolfe Research
Best Analysts Covering Magnolia Oil & Gas
Which Analyst Should I Follow If I Want to Buy MGY and Sell After:
1 Month
xxx
Success Rate
11/17 ratings generated profit
Average Return
+3.98%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.71% of your transactions generating a profit, with an average return of +3.98% per trade.
3 Months
xxx
Success Rate
12/18 ratings generated profit
Average Return
+12.23%
reiterated a xxx
rating 16 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +12.23% per trade.
1 Year
Success Rate
13/18 ratings generated profit
Average Return
+47.60%
reiterated a buy rating 16 days ago
Copying Biju Perincheril's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +47.60% per trade.
2 Years
xxx
Success Rate
18/20 ratings generated profit
Average Return
+12.70%
assigned a xxx
rating 16 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 90.00% of your transactions generating a profit, with an average return of +12.70% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MGY Analyst Recommendation Trends
Rating
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
0
0
0
0
0
Buy
8
8
10
10
10
Hold
14
13
12
10
11
Sell
2
2
1
1
1
Strong Sell
0
0
0
0
0
total
24
23
23
21
22
Each month's total comprises the sum of three months' worth of ratings.
MGY Financial Forecast
MGY Stock Forecast FAQ
What is MGY’s average 12-month price target, according to analysts?
Based on analyst ratings, Magnolia Oil & Gas’s 12-month average price target is $27.88.
What is MGY’s upside potential, based on the analysts’ average price target?
Magnolia Oil & Gas has 7.60% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MGY a Buy, Sell or Hold?
Magnolia Oil & Gas has a consensus rating of Moderate Buy which is based on 5 buy ratings, 6 hold ratings and 1 sell ratings.
What is Magnolia Oil & Gas’s price target?
The average price target for Magnolia Oil & Gas is $27.88. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $35.00 ,the lowest forecast is $22.00. The average price target represents 7.60% Increase from the current price of $25.91.
The highest analyst price target is $35.00 ,the lowest forecast is $22.00. The average price target represents 7.60% Increase from the current price of $25.91.
What do analysts say about Magnolia Oil & Gas?
Magnolia Oil & Gas’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of MGY?
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