In the last 3 months, 19 analysts have published their opinion on EOG Resources EOG Stock. These analysts are typically employed by major Wall Street banks and tasked with understanding a company’s business in order to predict how a stock will trade over the coming year.
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Over the past 3 months, 19 analysts have offered 12-Month price targets for EOG Resources. The company has an average price target of $149.26 with a high of $175.00 and a low of $126.00.
Below is a summary of how these 19 analysts have rated EOG Resources over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security
This current average is up 11.25% from the previous average price target of $134.17.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually over the next five years, and how risky or predictable that company’s revenue streams are.
Analysts attend company conference calls and meetings, research company financials, and contact insiders to release their stock notes. Analysts typically rate each stock once a quarter or whenever the company has a major update.
Some analysts also offer forecasts for useful metrics such as earnings, revenue, and growth estimates to provide additional guidance on what to do with certain tickers. It is important to keep in mind that although stock and sector analysts are specialists, they are also human and can only predict their opinions to traders.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.