Analysts’ recommendations for Marathon Oil
On December 8, 2017, Reuters reported 27 analysts tracking Marathon Oil (MRO) stock. About 14.8% of these analysts gave “strong buy” ratings, ~33.3% of these analysts gave “buy” recommendations, and ~44.4% of these analysts gave “hold” recommendations on MRO stock. There were ~7.4% “sell” and no “strong sell” recommendations on the stock.
MRO’s median target price
The median target price on Marathon Oil stock is $17.25, which is ~14.0% higher than its December 8, 2017, closing price of $15.15.
Analysts’ target prices
In the last one-month period, Marathon Oil stock’s median target price has increased from $17.00 to $17.25. We’ll discuss the individual target price changes from Wall Street analysts
The most recent target price change on MRO stock came from Barclays, which was issued on November 20, 2017. Barclays increased MRO’s target price from $14.00 to $15.00, which is ~1.0% lower than its December 8, 2017, closing price of $15.13.
Other oil and gas producers
Based on the median price targets from Wall Street analysts, oil and gas companies Diamondback Energy (FANG) and Consol Energy (CNX) have potential upsides of ~16% and ~29%, respectively, from their December 8 closing prices.