March 24:
Research analysts at Howard Weil began coverage on shares ofMarathon Oil (NYSE:MRO) in a report released on Monday,TheFlyOnTheWall.com reports. The firm set an “add” rating on the stock.
Shares of Marathon Oil (NYSE:MRO) opened at 34.39 on Monday. Marathon Oil has a one year low of $29.47 and a one year high of $38.18. The stock’s 50-day moving average is $33.30 and its 200-day moving average is $34.85. The company has a market cap of $23.968 billion and a P/E ratio of 13.71.
Marathon Oil (NYSE:MRO) last announced its earnings results on Wednesday, February 5th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.72 by $0.12. The company had revenue of $3.29 million for the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter last year, the company posted $0.55 earnings per share. Analysts expect that Marathon Oil will post $2.89 EPS for the current fiscal year.
Marathon Oil Corporation (NYSE:MRO) is an international energy company engaged in exploration and production, oil sands mining and integrated gas with operations in the United States, Angola, Canada, Equatorial Guinea.
A number of other firms have also recently commented on MRO. Analysts at Argus reiterated a “buy” rating on shares of Marathon Oil in a research note on Tuesday, March 18th. They now have a $33.18 price target on the stock, down previously from $42.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Marathon Oil in a research note on Wednesday, March 12th. They now have a $36.00 price target on the stock. Finally, analysts at UBS AG cut their price target on shares of Marathon Oil to $40.00 in a research note on Thursday, February 6th. They now have a “buy” rating on the stock. Eleven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Marathon Oil presently has a consensus rating of “Buy” and an average price target of $42.14.
Source: http://tickerreport.com/banking-finance/170664/marathon-oil-receives-new-coverage-from-analysts-at-howard-weil-mro/?
A number of other firms have also recently commented on MRO. Analysts at Argus reiterated a “buy” rating on shares of Marathon Oil in a research note on Tuesday, March 18th. They now have a $33.18 price target on the stock, down previously from $42.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Marathon Oil in a research note on Wednesday, March 12th. They now have a $36.00 price target on the stock. Finally, analysts at UBS AG cut their price target on shares of Marathon Oil to $40.00 in a research note on Thursday, February 6th. They now have a “buy” rating on the stock. Eleven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Marathon Oil presently has a consensus rating of “Buy” and an average price target of $42.14.
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