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Marathon Oil (NYSE:MRO) target price lowered to $17.00, reported today by Barclays

Just yesterday Marathon Oil (NYSE:MRO) traded -2.44% lower at $14.58. Marathon Oil’s 50-day moving average is $15.17 and its 200-day moving average is $14.06. The last stock price is up 1.19% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,510,307 shares of MRO traded hands, down from an average trading volume of 17,095,200

Marathon Oil (NYSE:MRO) had its target price lowered to $17.00 by Barclays in a report issued 10/17/2016. The updated stock price target implies a possible upside of 0.17% based on the company's previous stock price.

Recent Performance Chart

Marathon Oil (NYSE:MRO)

Marathon Oil has 52 week low of $6.52 and a 52 week high of $20.09 and has a market cap of $0.

In addition to Barclays reporting its target price, a total of 24 brokers have issued a report on the stock. The consensus target price is $17.52 with 3 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 14 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Marathon Oil (NYSE:MRO)

Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa. The Company operates through three segments: North America E&P (N.A. E&P), International E&P (Int'l E&P), and Oil Sands Mining (OSM). The N.A. E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. It is engaged in oil and gas exploration, development and production activities. The Int'l E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Egypt. It is engaged in oil and gas exploration, development and production activities. The OSM segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.

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