Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale cut their price target on shares of Marathon Oil to $31.00 in a research note to investors on Thursday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Marathon Oil in a research note to investors on Friday, March 23rd. They now have a $35.00 price target on the stock. Finally, analysts at Deutsche Bank (NYSE: DB) downgraded shares of Marathon Oil from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, February 28th. They now have a $37.00 price target on the stock.
Marathon Oil traded down 4.36% on Thursday, hitting $26.445. Marathon Oil has a 1-year low of $19.13 and a 1-year high of $54.23. The company has a market cap of $18.615 billion and a price-to-earnings ratio of 8.33.
Marathon Oil Corporation (Marathon Oil) is an international energy company engaged in exploration and production, oil sands mining and integrated gas.