EOG Resources PT Raised to $203.00 at Robert W. Baird (EOG)
Analysts at Robert W. Baird increased their price target on shares of EOG Resources (NYSE:EOG) from $177.00 to $203.00 in a research report issued to clients and investors on Friday, American Banking and Market News reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price objective suggests a potential upside of 10.45% from the company’s current price.
A number of other analysts have also recently weighed in on EOG. Analysts at Susquehanna raised their price target on shares of EOG Resources from $170.00 to $179.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of EOG Resources from $176.00 to $196.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Barclays raised their price target on shares of EOG Resources from $192.00 to $205.00 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $178.73.
Shares of EOG Resources (NYSE:EOG) traded up 1.32% during mid-day trading on Friday, hitting $183.79. 2,154,924 shares of the company’s stock traded hands. EOG Resources has a one year low of $109.03 and a one year high of $185.87. The stock’s 50-day moving average is $170.4 and its 200-day moving average is $145.2. The company has a market cap of $50.068 billion and a price-to-earnings ratio of 49.06.
EOG Resources (NYSE:EOG) last released its earnings data on Tuesday, August 6th. The company reported $2.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.64 by $0.46. The company had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.52 billion. During the same quarter in the prior year, the company posted $1.11 earnings per share. The company’s quarterly revenue was up 32.0% on a year-over-year basis. On average, analysts predict that EOG Resources will post $7.90 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 31st. Investors of record on Thursday, October 17th will be paid a dividend of $0.19 per share. This represents a $0.75 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Tuesday, October 15th.
EOG Resources, Inc(NYSE:EOG) explores , develops, produces and markets crude oil and natural gas primarily in producing basins in the United States of America , Canada, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom , The People’s Republic of China (China), the Argentine Republic (Argentina) and, from time to time, select other international areas.
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