Assessing Marathon Oil: Insights From 20 Financial Analysts
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Marathon Oil (NYSE:MRO) with a range of price targets. The average 12-month price target has increased to $32.65. Despite a recent decline in revenue, Marathon Oil shows strong profitability and effective cost management.
May 31, 2024 | 3:00 pm
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Analysts have mixed ratings for Marathon Oil with an average 12-month price target of $32.65, up from $31.11. Despite a recent revenue decline, the company shows strong profitability and effective cost management.
The increase in the average price target and the strong profitability metrics suggest a positive outlook for Marathon Oil. The mixed ratings indicate some uncertainty, but the overall sentiment leans towards a potential price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100