Marathon Oil (NYSE:MRO) Target Raised by UBS Group AG to $6.00

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Marathon Oil stock has undergone multiple analysts rating changes in the recent past.  Marathon Oil stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $6.00. The analysts previously had $4.00 target price. UBS Group AG’s price target would indicate a potential upside of 3.99% from the stock’s previous close.

Shares of Marathon Oil traded up $0.22 on Monday, reaching $5.96. 20879699 shares of the stock traded hands, compared to its average volume of 39498774. Shares of were trading at $5.96 on Monday. The firm’s 50 day moving average is $5.91 and its 200 day moving average is 9.23.Marathon Oil  has a 12 month low of $5.66 and a 12 month high of $14.70. While on yearly highs and lows, Marathon Oil today has traded high as $5.99 and has touched $5.66 on the downward trend.

Marathon Oil Earnings and What to expect: 

Marathon Oil last released its quarterly earnings data on May 6th, 2020. The oil and gas producer reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by $0.03. The business earned $1.23 billion during the quarter, compared to analyst estimates of $1.04 billion. Its revenue for the quarter was up 2.8% on a year-over-year basis. Marathon Oil has generated $0.75 earnings per share over the last year and currently has a price-to-earnings ratio of 18.7. Marathon Oil has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Earnings for Marathon Oil are expected to grow in the coming year, from ($1.47) to ($1.18) per share. The P/E ratio of Marathon Oil is 18.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.11. The P/E ratio of Marathon Oil is 18.66, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.20. Marathon Oil has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.50%
  • On 3/31/2020 Insider Patrick Wagner Buy 15,000 at average share price of $3.31 which equates to $49,650.00 in money value.
  • On 3/24/2020 CEO Lee M Tillman Buy 56,600 at average price of  $3.58 with total value of : Not Data Available
  • On 3/16/2020 CEO Lee M Tillman Buy 27,500 at average price of  $4.00 with total value of : $110,000.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Marathon Oil

  • 6/25/2020 – Marathon Oil was downgraded by analysts at Wells Fargo & Co from an “overweight” rating to an “equal weight” rating. They now have a $10.00 price target on the stock. ()
  • 6/22/2020 – Marathon Oil was downgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “sell” rating. They now have a $6.00 price target on the stock. ()
  • 6/19/2020 – Marathon Oil had its price target raised by analysts at Mizuho from $6.00 to $8.00. ()
  • 6/19/2020 – Marathon Oil had its price target raised by analysts at SunTrust Banks, Inc. from $6.00 to $7.00. They now have a “hold” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Apache had its price target raised by analysts at UBS Group AG from $4.50 to $15.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – Berry Petroleum had its price target raised by analysts at UBS Group AG from $4.50 to $7.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Continental Resources had its price target raised by analysts at UBS Group AG from $7.00 to $16.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – ConocoPhillips had its price target raised by analysts at UBS Group AG from $50.00 to $62.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Marathon Oil (NYSE:MRO) Moving Average Technical Analysis

5 day Moving Average is $5.96 And 5 day price change is -0.32 (-5.10%)  with average volume for 5 day average is 24,547,613. While technical analysis for average 20 days shows significant difference, 20 day moving average is  6.5 and 20 day price change is 0.26 (0.0457) and average 20 day moving volume is 36,623,328. 50 day moving average is 5.91  and 50 day price change is 1.6 ( 0.3678)  and with average volume for 50 days is : 40,389,629. 200 day moving average is 9.23  and 200 day price change is -6.63 (-52.70%)  and with average volume for 200 days is : 26,621,131.

See More Analyst Rating at: RATING