What 12 Analyst Ratings Have To Say About Marathon Oil
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 12 analysts have published their opinion on Marathon Oil (NYSE:MRO) stock. The analysts have an average price target of $30.83 versus the current price of Marathon Oil at $26.945, implying upside. This current average represents a 8.6% decrease from the previous average price target of $33.73.
August 11, 2023 | 7:00 pm
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Analysts have a bullish outlook on Marathon Oil (NYSE:MRO) with an average price target of $30.83, implying upside from the current price of $26.945. However, this target is a 8.6% decrease from the previous average price target.
The bullish outlook from analysts suggests that they believe the stock price will increase in the future. However, the decrease in the average price target could indicate a less optimistic view compared to previous assessments. This could potentially impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100