Published On: Wed, Oct 19th, 2016

Marathon Oil Corporation (NYSE:MRO) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Marathon Oil Corporation (NYSE:MRO).

Most recent broker ratings

10/17/2016 – Marathon Oil Corporation was downgraded to “equal-weight” by analysts at Barclays. They now have a USD 17 price target on the stock.

09/30/2016 – Canaccord Genuity began new coverage on Marathon Oil Corporation giving the company a “hold” rating. They now have a USD 16 price target on the stock.

09/12/2016 – Marathon Oil Corporation was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 19 price target on the stock.

09/09/2016 – Marathon Oil Corporation had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch. They now have a USD 21 price target on the stock.

09/09/2016 – Marathon Oil Corporation was downgraded to “hold” by analysts at Societe Generale.

08/30/2016 – Marathon Oil Corporation was downgraded to “neutral” by analysts at Seaport Global Securities. They now have a USD 17 price target on the stock.

08/09/2016 – Marathon Oil Corporation had its “overweight” rating reiterated by analysts at Simmons.

07/08/2016 – Marathon Oil Corporation had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 16 price target on the stock.

07/07/2016 – Marathon Oil Corporation was upgraded to “strong buy” by analysts at Raymond James. They now have a USD 18 price target on the stock.

06/27/2016 – Marathon Oil Corporation was upgraded to “peerperform” by analysts at Wolfe Research.

06/21/2016 – Marathon Oil Corporation had its “buy” rating reiterated by analysts at UBS. They now have a USD 17 price target on the stock.

06/21/2016 – Marathon Oil Corporation had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 16 price target on the stock.

06/21/2016 – Marathon Oil Corporation was upgraded to “overweight” by analysts at Capital One.

06/21/2016 – Marathon Oil Corporation was upgraded to “overweight” by analysts at Morgan Stanley. They now have a USD 21 price target on the stock.

06/07/2016 – KLR Group began new coverage on Marathon Oil Corporation giving the company a “buy” rating. They now have a USD 21 price target on the stock.

The share price of Marathon Oil Corporation (NYSE:MRO) was up +0.14% during the last day of trading, with a day high of 14.42. 15738420 shares were traded during the last session.

The stock’s 50 day moving average is 15.07 and its 200 day moving average is 14.16. The stock’s market capitalization is 12.03B. Marathon Oil Corporation has a 52-week low of 6.52 and a 52-week high of 20.09.

Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa. The Company operates through three segments: North America E&P segment, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America; International E&P segment , which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea, and Oil Sands Mining segment, which mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. The Company holds working interest in the South, Central, North and West Brae fields, and working interest in the East Brae field.