Exxon Mobil Corporation (NYSE:XOM) received a $91.00 price target from investment analysts at Barclays PLC in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the oil and gas company’s stock. Barclays PLC’s target price points to a potential upside of 10.62% from the company’s previous close.

A number of other equities analysts have also commented on XOM. Royal Bank Of Canada reiterated a “buy” rating and set a $96.00 price target on shares of Exxon Mobil Corporation in a report on Thursday, June 15th. Scotiabank set a $86.00 price target on shares of Exxon Mobil Corporation and gave the stock a “buy” rating in a report on Saturday, June 17th. BMO Capital Markets lifted their price target on shares of Exxon Mobil Corporation from $76.00 to $80.00 and gave the stock a “market perform” rating in a report on Wednesday, June 21st. Jefferies Group LLC reiterated a “hold” rating and set a $86.00 price target on shares of Exxon Mobil Corporation in a report on Friday, June 23rd. Finally, Vetr upgraded shares of Exxon Mobil Corporation from a “buy” rating to a “strong-buy” rating and set a $90.68 price target on the stock in a report on Thursday, June 29th. Six research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $84.82.

Exxon Mobil Corporation (XOM) opened at 82.26 on Tuesday. The firm’s 50-day moving average price is $79.49 and its 200 day moving average price is $80.73. Exxon Mobil Corporation has a 12-month low of $76.05 and a 12-month high of $93.22. The firm has a market cap of $348.54 billion, a P/E ratio of 29.65 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last issued its earnings results on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). The company had revenue of $62.88 billion during the quarter, compared to analyst estimates of $61.35 billion. Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The business’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 EPS. Analysts forecast that Exxon Mobil Corporation will post $3.43 earnings per share for the current fiscal year.

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In other news, Director Steven Reinemund sold 1,100 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $80.23, for a total transaction of $88,253.00. Following the completion of the sale, the director now directly owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Robert Stuart Franklin sold 22,656 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the sale, 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. Insiders own 0.08% of the company’s stock.

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Exxon Mobil Corporation by 3.5% during the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after purchasing an additional 10,366,636 shares during the last quarter. State Street Corp boosted its holdings in Exxon Mobil Corporation by 7.9% during the first quarter. State Street Corp now owns 215,767,383 shares of the oil and gas company’s stock worth $17,695,085,000 after purchasing an additional 15,740,895 shares during the last quarter. Capital Research Global Investors boosted its holdings in Exxon Mobil Corporation by 7.0% during the second quarter. Capital Research Global Investors now owns 31,570,269 shares of the oil and gas company’s stock worth $2,548,668,000 after purchasing an additional 2,058,060 shares during the last quarter. Legal & General Group Plc boosted its holdings in Exxon Mobil Corporation by 2.7% during the second quarter. Legal & General Group Plc now owns 23,191,344 shares of the oil and gas company’s stock worth $1,872,300,000 after purchasing an additional 604,537 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Exxon Mobil Corporation by 7.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 20,523,456 shares of the oil and gas company’s stock worth $1,656,859,000 after purchasing an additional 1,406,529 shares during the last quarter. 50.74% of the stock is owned by institutional investors.

Exxon Mobil Corporation Company Profile

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.

Analyst Recommendations for Exxon Mobil Corporation (NYSE:XOM)

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