Nitin Kumar CFA, analyst at Wells Fargo, reiterates coverage on Plans & Pricing Marathon Oil Corp. (MRO) in the Utilities sector with a Buy rating. TipRanks.com has Kumar CFA rated as a 4.5 star analyst with a 11% return on investment and a 51% success rate. Kumar CFA has set a price target of $19.00 .
TipRanks.com reports that MRO currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $17.56 . The target pricing ranges from a high forecast of $22.00 down to a low forecast of $14.00 .
MRO’s last closing price was $15.81 which would put the average price target at 11.07% upside.
In addition, TradingView issued a Buy rating for MRO over the next month.
Remember, securities are volatile, so please do your own research on MRO.
Other analysts covering MRO include:
- Neal Dingmann of Truist Financial issued a buy rate with the price target of $22 on October 6th
- Devin McDermott of Morgan Stanley issued a hold with the price target of $18 on October 6th
- Scott Gruber of Citigroup issued a buy rate with the price target of $17 on September 27th
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