In a report released today, Mark Lear from Piper Sandler maintained a Hold rating on EOG Resources (EOG – Research Report), with a price target of $133.00. The company’s shares closed yesterday at $109.11.
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Lear covers the Energy sector, focusing on stocks such as Devon Energy, APA, and Coterra Energy. According to TipRanks, Lear has an average return of 5.4% and a 50.96% success rate on recommended stocks.
In addition to Piper Sandler, EOG Resources also received a Hold from Goldman Sachs’s Neil Mehta in a report issued on April 16. However, yesterday, Raymond James maintained a Buy rating on EOG Resources (NYSE: EOG).
EOG market cap is currently $60.18B and has a P/E ratio of 9.70.
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EOG in relation to earlier this year. Earlier this month, Jeffrey R. Leitzell, the EVP & COO of EOG sold 4,037.00 shares for a total of $515,771.56.
Read More on EOG:
- EOG Resources price target lowered to $133 from $135 at Piper Sandler
- EOG Resources price target lowered to $140 from $154 at Raymond James
- EOG Resources price target lowered to $140 from $150 at KeyBanc
- EOG Resources price target lowered to $131 from $136 at Morgan Stanley
- Scotiabank downgrades two, upgrades one in oil and refiner ratings shake-up
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