Analyst recommendations for Marathon Oil
As of July 19, Reuters reported that 26 analysts are covering Marathon Oil (MRO) stock. About 19% of them have given MRO a “strong buy,” and 42% have rated it a “buy.” About 39% of the analysts have recommended a “hold.” There are no “sell” or “strong sell” recommendations for the stock.
MRO’s median target price
The median target price on Marathon Oil stock is $23.50, which is ~14% higher than its July 19 closing price of $20.54. The highest target price for MRO is $29, and the lowest target price is $9.
In the last three months, Marathon Oil’s median target price has increased from $21 to $23.50.
Other oil and gas producers
Based on the median price targets from Wall Street analysts, oil and gas companies Range Resources (RRC) and Consol Energy (CNX) have potential upsides of 30% and 22%, respectively, from their July 19 closing prices. Encana (ECA) has a potential upside of 32%.
