After KeyBanc and J.P. Morgan gave EOG Resources (NYSE: EOG) a Buy rating last month, the company received another Buy, this time from Stifel Nicolaus. Analyst Michael Scialla maintained a Buy rating on EOG Resources today and set a price target of $115.00. The company’s shares closed last Monday at $74.32.
According to TipRanks.com, Scialla is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -15.8% and a 26.1% success rate. Scialla covers the Basic Materials sector, focusing on stocks such as Matador Resources, Cimarex Energy, and W&T Offshore.
EOG Resources has an analyst consensus of Strong Buy, with a price target consensus of $99.17, representing a 36.9% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $132.00 price target.
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The company has a one-year high of $108.95 and a one-year low of $64.33. Currently, EOG Resources has an average volume of 4.22M.
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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.
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