Global Hunter Securities Gives Neutral Rating to Marathon Oil (MRO)

By admin | 6 years ago

Marathon Oil (NYSE: MRO)‘s stock had its “neutral” rating restated by analysts at Global Hunter Securities in a research report issued to clients and investors on Thursday.

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.

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