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MGY
(NYSE)
Magnolia Oil & Gas Corporation
$31.04-- (--)
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Magnolia Oil & Gas Corporation (MGY) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Magnolia Oil & Gas Corporation stock.

Analyst Consensus Rating

Investment consensus from 11 professional research analysts

Consensus Rating

Hold
Based on 11 unique analysts
(15 total ratings in last 90 days)
High Confidence:1 Buy/Sell

Average Price Target

$29.82
3.93% Downside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest MGY Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Tim Rezvan
Keybanc
BuyMaintains
$30.00 $38.00
Paul Diamond
Citi
HoldMaintains
$29.00 $35.00
Gabe Daoud
Truist
HoldInitiates
$33.00
Mark Lear
Piper Sandler
HoldMaintains
$28.00 $31.00
Mark Lear
Piper Sandler
HoldMaintains
$26.00 $28.00
Peyton Dorne
UBS
Strong BuyMaintains
$29.00 $35.00
Paul Diamond
Citi
HoldMaintains
$25.00 $29.00
Umang Choudhary
Goldman Sachs
HoldMaintains
$23.00 $26.00
Mark Lear
Piper Sandler
HoldMaintains
$23.00 $26.00
Tim Rezvan
Keybanc
BuyMaintains
$29.00 $30.00
Hanwen Chang
Wells Fargo
HoldUpgrades
$21.00 $22.00
Biju Perincheril
Susquehanna
BuyMaintains
$30.00 $28.00
Noah Hungness
BofA Securities
Strong BuyUpgrades
$26.00 $28.00
Scott Gruber
Citi
HoldUpgrades
$19.00 $25.00
Phillip Jungwirth
BMO Capital
BuyInitiates
$27.00

Frequently Asked Questions

What is the analyst consensus rating for MGY?

The analyst consensus rating for MGY is "Hold" based on 11 analyst recommendations.

What is the average price target for MGY?

The average 12-month price target for MGY is $29.82, representing a downside of 3.9% from the current price of $31.04.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.