Susquehanna analyst Biju Perincheril reiterated a Hold rating on EOG Resources (NYSE: EOG) yesterday and set a price target of $138. The company’s shares closed on Friday at $122.77.
According to TipRanks.com, Perincheril is a 5-star analyst with an average return of 14.4% and a 62.7% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Whiting Petroleum Corp, and Continental Resources.
EOG Resources has an analyst consensus of Moderate Buy, with a price target consensus of $138.69, a 13.0% upside from current levels. In a report issued on August 3, Scotiabank also reiterated a Hold rating on the stock with a $130 price target.
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The company has a one-year high of $131.60 and a one-year low of $81.99. Currently, EOG Resources has an average volume of 2.88M.
Based on the recent corporate insider activity of 155 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.
