Several brokerages have updated their recommendations and price targets on shares of Exxon Mobil Corporation (NYSE: XOM) in the last few weeks:

  • 10/3/2017 – Exxon Mobil Corporation was given a new $85.00 price target on by analysts at Goldman Sachs Group, Inc. (The). They now have a “neutral” rating on the stock.
  • 9/28/2017 – Exxon Mobil Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $85.17 price target on the stock.
  • 9/25/2017 – Exxon Mobil Corporation was given a new $70.00 price target on by analysts at BNP Paribas. They now have a “sell” rating on the stock.
  • 9/19/2017 – Exxon Mobil Corporation had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $100.00 price target on the stock.
  • 9/18/2017 – Exxon Mobil Corporation was given a new $95.00 price target on by analysts at Societe Generale. They now have a “buy” rating on the stock.
  • 9/13/2017 – Exxon Mobil Corporation was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $84.87 price target on the stock.
  • 9/6/2017 – Exxon Mobil Corporation was upgraded by analysts at UBS AG from a “sell” rating to a “neutral” rating. They now have a $76.00 price target on the stock, up previously from $75.00.
  • 9/4/2017 – Exxon Mobil Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $79.60 price target on the stock.
  • 8/29/2017 – Exxon Mobil Corporation was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $79.60 price target on the stock.
  • 8/29/2017 – Exxon Mobil Corporation was given a new $90.00 price target on by analysts at Royal Bank Of Canada. They now have a “hold” rating on the stock.
  • 8/29/2017 – Exxon Mobil Corporation was given a new $81.00 price target on by analysts at Jefferies Group LLC. They now have a “hold” rating on the stock.
  • 8/25/2017 – Exxon Mobil Corporation was given a new $76.00 price target on by analysts at Piper Jaffray Companies. They now have a “hold” rating on the stock.
  • 8/24/2017 – Exxon Mobil Corporation had its “underweight” rating reaffirmed by analysts at UBS AG.
  • 8/23/2017 – Exxon Mobil Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $79.60 price target on the stock.
  • 8/21/2017 – Exxon Mobil Corporation was given a new $94.00 price target on by analysts at Barclays PLC. They now have a “buy” rating on the stock.
  • 8/21/2017 – Exxon Mobil Corporation was given a new $84.00 price target on by analysts at Independent Research GmbH. They now have a “neutral” rating on the stock.
  • 8/18/2017 – Exxon Mobil Corporation had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $80.00 price target on the stock, down previously from $81.00.
  • 8/17/2017 – Exxon Mobil Corporation was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $79.60 price target on the stock.
  • 8/9/2017 – Exxon Mobil Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $79.60 price target on the stock.
  • 8/7/2017 – Exxon Mobil Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “ExxonMobil has a leading position in the energy industry owing to the size and diversity of its asset base, both in terms of business mix and geographical footprint. With a stable cash position, the company’s balance sheet is one of the best in the industry. The company has been investing heavily in its extensive refining businesses, which will likely help it counter expensive offshore drilling operations. In fact, the upside in year-over-year earnings in the second quarter was supported by increased refining margins and refining volumes. However, the company’s second-quarter earnings missed the Zacks Consensus Estimate. Also, tensions between the U.S. and Russia could mar the integrated major’s prospects for exploiting huge Russian oil and gas reserves. On top of that, the one-year pricing chart shows a 9.5% drop in Exxon’s stock price, which compares unfavorably with smaller rival Chevron’s 8.8% increase.”

Exxon Mobil Corporation (NYSE XOM) traded up 0.16% during mid-day trading on Tuesday, hitting $81.76. 6,080,970 shares of the stock traded hands. The stock has a 50-day moving average price of $78.67 and a 200-day moving average price of $80.73. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22. The stock has a market cap of $346.43 billion, a P/E ratio of 29.47 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last announced its earnings results on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.05). Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The company had revenue of $62.88 billion for the quarter, compared to analysts’ expectations of $61.35 billion. During the same period last year, the business earned $0.41 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, equities analysts forecast that Exxon Mobil Corporation will post $3.42 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Monday, August 14th were issued a $0.77 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $3.08 annualized dividend and a dividend yield of 3.77%. Exxon Mobil Corporation’s dividend payout ratio is currently 111.19%.

In other Exxon Mobil Corporation news, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the transaction, the director now directly owns 43,125 shares of the company’s stock, valued at approximately $3,459,918.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $79.76, for a total value of $1,807,042.56. Following the completion of the transaction, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The disclosure for this sale can be found here. Corporate insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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