Barclays Keeps Their Buy Rating on Marathon Oil (MRO)


In a report released yesterday, Jeanine Wai from Barclays maintained a Buy rating on Marathon Oil (MRO), with a price target of $21. The company’s shares opened today at $17.31.

According to TipRanks.com, Wai is a 1-star analyst with an average return of -3.5% and a 41.8% success rate. Wai covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Continental Resources.

Marathon Oil has an analyst consensus of Moderate Buy, with a price target consensus of $21.33.

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The company has a one-year high of $24.20 and a one-year low of $12.57. Currently, Marathon Oil has an average volume of 11.82M.

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Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International.

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