Goldman Sachs Reaffirms Their Sell Rating on Murphy USA (MUSA)
In a report released on June 17, Bonnie Herzog from Goldman Sachs maintained a Sell rating on Murphy USA (MUSA – Research Report), with a price target of $360.00. The company’s shares closed yesterday at $407.47.
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According to TipRanks, Herzog is a 4-star analyst with an average return of 5.1% and a 57.93% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Monster Beverage, Altria Group, and Molson Coors.
In addition to Goldman Sachs, Murphy USA also received a Sell from J.P. Morgan’s John Royall in a report issued on June 9. However, on June 16, Wells Fargo maintained a Buy rating on Murphy USA (NYSE: MUSA).
The company has a one-year high of $561.08 and a one-year low of $385.44. Currently, Murphy USA has an average volume of 317.4K.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MUSA in relation to earlier this year. Last month, David C. Haley, a Director at MUSA bought 1,000.00 shares for a total of $435,580.00.
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