In a report released today, Neal Dingmann from Truist Financial maintained a Buy rating on Magnolia Oil & Gas (MGY – Research Report). The company’s shares closed yesterday at $26.44.
Dingmann covers the Energy sector, focusing on stocks such as Civitas Resources, APA, and Devon Energy. According to TipRanks, Dingmann has an average return of 16.1% and a 74.23% success rate on recommended stocks.
In addition to Truist Financial, Magnolia Oil & Gas also received a Buy from Susquehanna’s Biju Perincheril in a report issued on April 22. However, on April 26, Piper Sandler assigned a Hold rating to Magnolia Oil & Gas (NYSE: MGY).
The company has a one-year high of $27.33 and a one-year low of $18.30. Currently, Magnolia Oil & Gas has an average volume of 3.46M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Magnolia Oil & Gas (MGY) Company Description:
Magnolia Oil & Gas Corp. is engaged in oil and gas exploration and production business. It operates assets located in the Eagle Ford Shale and Austin Chalk formations in South Texas. The company was founded on July 31, 2018 and is headquartered in Houston, TX.
Read More on MGY:
- Magnolia Oil & Gas price target raised to $31 from $28 at Susquehanna
- Netflix upgraded and downgraded: Wall Street’s top analyst calls
- Magnolia Oil downgraded to Neutral on valuation at Piper Sandler
- Magnolia Oil & Gas downgraded to Neutral from Overweight at Piper Sandler
- Magnolia Oil & Gas price target raised to $27 from $23 at Wells Fargo
