Marathon Oil: Pre-Earnings Wall Street Ratings

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.

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.

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%.