13 Analysts Assess Marathon Oil: What You Need To Know
Portfolio Pulse from Benzinga Insights
13 analysts have recently reviewed Marathon Oil (NYSE:MRO), offering a mix of bullish to bearish opinions. The average 12-month price target for MRO is now $31.23, up 1.79% from the previous $30.68, with targets ranging from $25.00 to $36.00. Analyst actions include both upgrades and downgrades, reflecting varied perceptions of the company's future performance. Despite the positive analyst sentiment, Marathon Oil faces financial challenges, including a negative revenue trend, below-average net margin, ROE, and ROA, though it maintains a sound debt-to-equity ratio.
March 28, 2024 | 8:00 pm
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NEUTRAL IMPACT
Marathon Oil received mixed analyst ratings with an updated average 12-month price target of $31.23. Financial challenges include a negative revenue trend and below-average profitability metrics.
The mixed analyst ratings with both upgrades and downgrades reflect uncertainty about Marathon Oil's future performance. The slight increase in the average price target suggests a cautiously optimistic outlook. However, the company's financial challenges, including a negative revenue trend and below-average profitability metrics, could dampen investor enthusiasm in the short term. The overall neutral score reflects these balanced factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100