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EOG-Maintain a hold???
Posted: Tue Aug 10, 2021 3:32 pm
by Fraser921
I was scrathing my head as EOG was one of the few in the red today.
Just saw a comment that JP Morgan analyst is maintaining a hold? WTF?
Is there anything else?
Re: EOG-Maintain a hold???
Posted: Tue Aug 10, 2021 6:22 pm
by dan_s
My current valuation is $120/share.
Re: EOG-Maintain a hold???
Posted: Thu Aug 12, 2021 1:12 pm
by dan_s
In the last 3 months, 19 ranked analysts set 12-month price targets for EOG. The average price target among the analysts is $102.42.
Price Target Revisions in August:
8/9/2021: John Gerdes at MKM Partners rates it a Buy with a price target of $113.00 < IMO John Gerdes is an outstanding energy sector analyst.
8/9/2021: Arun Jayaram at J.P. Morgan rates it a Hold with a price target of $95.00
8/5/2021 Scott Hanold at RBC Capital rates it a Buy with a price target of $105.00
8/5/2021 Gabriele Sorbara at Siebert Williams Shank & Co rates it a Buy with a price target of $103.00
Keep in mind that each analyst is forced to use the official commodity price deck of their firm. EOG is trading at $69.14 at the time of this post, so Arun's HOLD with his $95 price target doesn't make any sense to me either. Welcome to the wacko world of the Wall Street Gang.
Re: EOG-Maintain a hold???
Posted: Fri Aug 13, 2021 4:52 pm
by dan_s
EOG is one of Zacks "Top Six" picks:
https://finance.yahoo.com/news/6-stocks ... 11313.html
My valuation of EOG is $120.00.