Analyst Ratings for Marathon Oil
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 11 Wall Street analysts have provided ratings for Marathon Oil (NYSE:MRO), with 6 bullish, 3 somewhat bullish, and 2 indifferent. The average 12-month price target for MRO is $33.14, with a high of $45.00 and a low of $25.00. This target has increased by 2.98% from the previous target of $32.18. Analyst ratings are based on company data, financial statements, and insider information.
December 11, 2023 | 7:00 pm
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POSITIVE IMPACT
11 analysts have rated Marathon Oil (MRO) positively over the past 3 months, with an average price target of $33.14, up 2.98% from the previous target. This consensus could lead to increased investor confidence and a potential rise in MRO's stock price.
The unanimous positive ratings from analysts, along with an increased average price target, suggest a strong bullish sentiment towards MRO. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as market participants often react to analyst ratings and price target adjustments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100