Exxon Mobil Corporation (XOM) : The consensus on Exxon Mobil Corporation (XOM) based on 15 analyst recommendation on the company stock is 2.62, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Exxon Mobil Corporation (XOM) : 11 Wall Street analysts covering Exxon Mobil Corporation (XOM) believe that the average level the stock could reach for the short term is $92.27. The maximum price target given is $100 and the minimum target for short term is around $75, hence the standard deviation is calculated at $7.9.
Company shares have received an average consensus rating of Hold for the current week Exxon Mobil Corporation (NYSE:XOM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.69 and $86.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $87.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $86.72, notching a gain of 0.36% for the day. The total traded volume was 11,616,032 . The stock had closed at $86.41 on the previous day.
In a related news,The officer (Vice President) of Exxon Mobil Corp, Corson Bradley W sold 6,000 shares at $90.81 on June 7, 2016. The Insider selling transaction had a total value worth of $544,860. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.