R. F. Lafferty recorded Marathon Oil Corporation (NYSE:MRO), hiking its price target to $29.00 earlier today
- Updated: November 28, 2016
R. F. Lafferty bumped up the target of Marathon Oil Corporation (NYSE:MRO) to $29.00 indicating a possible upside of 0.78%.
On 11/21/2016, Vetr Inc. released a statement about Marathon Oil Corporation (NYSE:MRO) increased the target price from $0.00 to $16.67 that suggested an upside of 0.07%.
Showing a price of $16.28, Marathon Oil Corporation (NYSE:MRO) traded -4.55% lower on the day. With the last stock price close up 7.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $14.78 and a 200-day moving average of $14.52. 20,077,625 shares of Marathon Oil Corporation exchanged hands, up from an avg. volume of 16,628,700
Recent Performance Chart
Marathon Oil Corporation has 52 week low of $6.52 and a 52 week high of $17.86 and has a market cap of $0.
A total of 24 brokerages have issued a research note on MRO. Three firms rating the stock a strong buy, 8 firms rating the stock a buy, fourteen equity analysts rating the company a hold, one equity analyst rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of $17.52.
More About Marathon Oil Corporation (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 segment, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America; International E&P segment , which 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 Equatorial Guinea, and Oil Sands Mining segment, which 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. The Company holds working interest in the South, Central, North and West Brae fields, and working interest in the East Brae field.
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