In a report released today, Mark Lear from Jefferies reiterated a Hold rating on EOG Resources (EOG), with a price target of $105. The company’s shares closed yesterday at $98.87.
According to TipRanks.com, Lear is ranked 0 out of 5 stars with an average return of -11.3% and a 27.1% success rate. Lear covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Whiting Petroleum Corp, and Continental Resources.
EOG Resources has an analyst consensus of Strong Buy, with a price target consensus of $122.53, which is a 23.9% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $106 price target.
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EOG Resources’ market cap is currently $57.33B and has a P/E ratio of 11.56. The company has a Price to Book ratio of 3.09.
Based on the recent corporate insider activity of 150 insiders, corporate insider sentiment is negative on the stock.
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EOG Resources, Inc. is an exploration company. The company engages in the exploration, development, production and marketing of crude oil and natural gas in United States, Canada, Trinidad & Tobago, the United Kingdom, Argentina and China. Its projects include Williston, Greater Green, Power River, Ulinta, DJ, Anadarko, Horn River, Sichuan and Columbus.
