In a report released today, Biju Perincheril from Susquehanna reiterated a Buy rating on Marathon Oil (MRO), with a price target of $20. The company’s shares closed on Friday at $15.41.
According to TipRanks.com, Perincheril is a 3-star analyst with an average return of 0.9% and a 42.0% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Whiting Petroleum Corp, and Continental Resources.
Marathon Oil has an analyst consensus of Strong Buy, with a price target consensus of $22.71.
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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 14.2M.
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Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the United States Exploration and Production; and International Exploration and Production geographical segments.
