Exxon Mobil Corporation (XOM) Receives Price Target

Exxon Mobil Corporation (XOM) : Average target price received by Exxon Mobil Corporation (XOM) is $92.18 with an expected standard deviation of $8.12. The most aggressive target on the stock is $100, whereas the most downbeat target is $74. 11 financial analysts are currently covering the stock.

Exxon Mobil Corporation (XOM) : Zacks Investment Research ranks Exxon Mobil Corporation (XOM) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.62, which indicates as a Hold.


Also, In a research note released to the investors, UBS maintains its rating on Exxon Mobil Corporation (NYSE:XOM).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, UBS lowers the new price target from $90 per share to $86 per share. The rating by the firm was issued on August 1, 2016.

Exxon Mobil Corporation (NYSE:XOM): The stock opened at $86.72 on Thursday but the bulls could not build on the opening and the stock topped out at $86.84 for the day. The stock traded down to $86.09 during the day, due to lack of any buying support eventually closed down at $86.84 with a loss of -0.34% for the day. The stock had closed at $87.14 on the previous day. The total traded volume was 8,434,729 shares.

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.

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