Morgan Stanley analyst Devin McDermott maintained a Hold rating on EOG Resources (NYSE: EOG) today and set a price target of $132. The company’s shares closed yesterday at $121.62.
According to TipRanks.com, McDermott is a 2-star analyst with an average return of 1.7% and a 31.8% success rate. McDermott covers the Basic Materials sector, focusing on stocks such as Range Resources Corp, Gulfport Energy Corp, and Southwestern Energy.
EOG Resources has an analyst consensus of Moderate Buy, with a price target consensus of $140.57.
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EOG Resources’ market cap is currently $70.44B and has a P/E ratio of 18.23. The company has a Price to Book ratio of 4.04.
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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.
