Exxon Mobil (NYSE:XOM) received a $85.00 price target from Jefferies Group in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the oil and gas company’s stock. Jefferies Group’s price objective points to a potential upside of 3.11% from the company’s current price.
Other equities analysts have also issued reports about the stock. TheStreet upgraded shares of Exxon Mobil from a “c” rating to a “b-” rating in a report on Friday, October 27th. Cowen reiterated a “buy” rating and issued a $100.00 target price on shares of Exxon Mobil in a report on Tuesday, September 19th. Societe Generale set a $95.00 target price on shares of Exxon Mobil and gave the company a “buy” rating in a report on Monday, September 18th. Vetr upgraded shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $84.87 target price on the stock in a report on Wednesday, September 13th. Finally, Barclays set a $91.00 target price on shares of Exxon Mobil and gave the company a “buy” rating in a report on Tuesday, October 10th. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. Exxon Mobil has a consensus rating of “Hold” and an average price target of $86.36.
Shares of Exxon Mobil (XOM) opened at $82.44 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The stock has a market cap of $349,310.00, a PE ratio of 23.32, a P/E/G ratio of 1.74 and a beta of 0.82. Exxon Mobil has a one year low of $76.05 and a one year high of $91.34.
In other Exxon Mobil news, VP Neil A. Chapman sold 12,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now directly owns 291,385 shares in the company, valued at approximately $24,199,524.25. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Bradley W. Corson sold 19,500 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the sale, the vice president now owns 229,774 shares in the company, valued at $19,073,539.74. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,357 shares of company stock worth $4,273,910. 0.08% of the stock is owned by company insiders.
Large investors have recently made changes to their positions in the business. CWH Capital Management Inc. purchased a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $114,000. Horan Securities Inc. grew its position in shares of Exxon Mobil by 20.8% in the 2nd quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock valued at $122,000 after buying an additional 260 shares during the last quarter. Litman Gregory Asset Management LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at $131,000. Acrospire Investment Management LLC grew its position in shares of Exxon Mobil by 172.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after buying an additional 1,100 shares during the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in shares of Exxon Mobil by 2.7% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after buying an additional 50 shares during the last quarter. 51.05% of the stock is currently owned by institutional investors.
Exxon Mobil 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.
