Marathon Oil Corp has a consensus price target of $32.25, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Scotiabank, and Barclays on April 15, 2024, April 11, 2024, and April 10, 2024. With an average price target of $35.67 between Morgan Stanley, Scotiabank, and Barclays, there's an implied 30.03% upside for Marathon Oil Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/15/2024 | MRO | Buy Now | Marathon Oil | $27.43 | -1.57% | Morgan Stanley | Devin McDermott | $26 → $27 | Maintains | Equal-Weight | Get Alert |
04/11/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 64.05% | Scotiabank | Paul Cheng | $35 → $45 | Maintains | Sector Outperform | Get Alert |
04/10/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 27.6% | Barclays | Betty Jiang | → $35 | Initiates | → Overweight | Get Alert |
04/05/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 31.24% | Truist Securities | Neal Dingmann | $35 → $36 | Maintains | Buy | Get Alert |
03/28/2024 | MRO | Buy Now | Marathon Oil | $27.43 | -5.21% | Morgan Stanley | Devin McDermott | $24 → $26 | Maintains | Equal-Weight | Get Alert |
03/26/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 9.37% | Goldman Sachs | Neil Mehta | $26.5 → $30 | Maintains | Neutral | Get Alert |
03/22/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 13.01% | Mizuho | Nitin Kumar | $28 → $31 | Maintains | Neutral | Get Alert |
03/22/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 31.24% | Stifel | Derrick Whitfield | $39 → $36 | Maintains | Buy | Get Alert |
03/14/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 13.01% | Argus Research | Bill Selesky | → $31 | Upgrade | Hold → Buy | Get Alert |
03/13/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 16.66% | Benchmark | Subash Chandra | $25 → $32 | Maintains | Buy | Get Alert |
03/12/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 31.24% | Wells Fargo | Roger Read | $32 → $36 | Maintains | Overweight | Get Alert |
03/06/2024 | MRO | Buy Now | Marathon Oil | $27.43 | -1.57% | UBS | Josh Silverstein | $28 → $27 | Maintains | Neutral | Get Alert |
03/05/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 20.31% | RBC Capital | Scott Hanold | → $33 | Reiterates | Outperform → Outperform | Get Alert |
02/23/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 27.6% | Truist Securities | Neal Dingmann | $38 → $35 | Maintains | Buy | Get Alert |
01/24/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 16.66% | Raymond James | John Freeman | $35 → $32 | Maintains | Strong Buy | Get Alert |
01/24/2024 | MRO | Buy Now | Marathon Oil | $27.43 | 16.66% | Piper Sandler | Mark Lear | $34 → $32 | Maintains | Overweight | Get Alert |
01/12/2024 | MRO | Buy Now | Marathon Oil | $27.43 | -8.86% | Benchmark | Subash Chandra | $28 → $25 | Maintains | Buy | Get Alert |
12/15/2023 | MRO | Buy Now | Marathon Oil | $27.43 | 27.6% | Raymond James | John Freeman | $45 → $35 | Maintains | Strong Buy | Get Alert |
12/14/2023 | MRO | Buy Now | Marathon Oil | $27.43 | 2.08% | UBS | Josh Silverstein | $34 → $28 | Downgrade | Buy → Neutral | Get Alert |
The latest price target for Marathon Oil (NYSE: MRO) was reported by Morgan Stanley on April 15, 2024. The analyst firm set a price target for $27.00 expecting MRO to fall to within 12 months (a possible -1.57% downside). 49 analyst firms have reported ratings in the last year.
The latest analyst rating for Marathon Oil (NYSE: MRO) was provided by Morgan Stanley, and Marathon Oil maintained their equal-weight rating.
The last upgrade for Marathon Oil Corp happened on March 14, 2024 when Argus Research raised their price target to $31. Argus Research previously had a hold for Marathon Oil Corp.
The last downgrade for Marathon Oil Corp happened on December 14, 2023 when UBS changed their price target from $34 to $28 for Marathon Oil Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marathon Oil, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marathon Oil was filed on April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.
While ratings are subjective and will change, the latest Marathon Oil (MRO) rating was a maintained with a price target of $26.00 to $27.00. The current price Marathon Oil (MRO) is trading at is $27.43, which is out of the analyst’s predicted range.
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