Raymond James analyst John Freeman reiterated a Buy rating on EOG Resources (NYSE:EOG) on Wednesday, setting a price target of $55, which is approximately 31.23% above the present share price of $41.91.
Freeman expects EOG Resources to post earnings per share (EPS) of -$0.07 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in EOG Resources, with an average price target of $58.73.
The analysts price targets range from a high of $70 to a low of $50.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.3 billion and a net profit of $151.23 million. The company's market cap is $24.45 billion.
According to TipRanks.com, Raymond James analyst John Freeman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.8% and a 27.97% success rate.
EOG Resources, Inc. engages in the exploration, development, production and marketing of crude oil and natural gas. It operates through the United States, Trinidad, and Other International segments. The company was founded in 1985 and is headquartered in Houston, TX.