EOG Resources Price Target Raised to $247.00 at KLR Group (EOG)
Equities research analysts at KLR Group boosted their price target on shares of EOG Resources (NYSE:EOG) from $9.00 to $247.00 in a research note issued to investors on Wednesday, American Banking and Market News reports. KLR Group’s price target would suggest a potential upside of 34.24% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Howard Weil raised their price target on shares of EOG Resources from $191.00 to $210.00 in a research note on Wednesday. They now have a “sector outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of EOG Resources from $182.00 to $206.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of EOG Resources from $162.00 to $170.00 in a research note on Wednesday. They now have a “hold” rating on the stock. Ten analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $192.13.
EOG Resources (NYSE:EOG) traded up 1.33% on Wednesday, hitting $186.44. 3,607,197 shares of the company’s stock traded hands. EOG Resources has a 52-week low of $112.05 and a 52-week high of $188.30. The stock has a 50-day moving average of $171.0 and a 200-day moving average of $168.8. The company has a market cap of $50.893 billion and a P/E ratio of 45.05.
EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Monday, February 24th. The company reported $2.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.94 by $0.06. On average, analysts predict that EOG Resources will post $9.11 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Monday, April 14th. This is a boost from EOG Resources’s previous quarterly dividend of $0.09.
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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