Expert Outlook: EOG Resources Through The Eyes Of 16 Analysts
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) has received mixed analyst ratings over the past three months, with a recent trend of lowered price targets. The average 12-month price target is now $144.69, down 3.5% from the previous $149.94. EOG Resources is a significant player in the oil and gas sector, with strong financial metrics such as a 28.03% net margin and a 5.85% ROE. Despite positive revenue growth, it lags behind industry peers.
October 16, 2024 | 7:00 pm
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EOG Resources has received mixed analyst ratings, with a recent trend of lowered price targets. The average 12-month price target is now $144.69, down 3.5% from the previous $149.94. Despite strong financial metrics, EOG's revenue growth lags behind industry peers.
The article highlights a trend of analysts lowering their price targets for EOG Resources, indicating a bearish sentiment. The average price target has decreased by 3.5%, suggesting potential short-term downward pressure on the stock. Despite strong financial metrics, the company's revenue growth is below industry averages, which may contribute to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100