Exxon Mobil Co. (NYSE:XOM) has earned a consensus recommendation of “Hold” from the thirty-two research firms that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, eight have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $86.89.

A number of equities research analysts have recently weighed in on the stock. Vetr lowered shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 target price on the stock. in a research note on Friday, October 6th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a research note on Friday, November 24th. Societe Generale set a $95.00 price objective on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, September 18th. Wells Fargo & Co set a $88.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Thursday. Finally, Morgan Stanley reissued an “underperform” rating on shares of Exxon Mobil in a research note on Thursday, October 19th.

Shares of Exxon Mobil (XOM) opened at $87.52 on Monday. The firm has a market cap of $370,830.00, a PE ratio of 28.51, a PEG ratio of 1.37 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. Exxon Mobil has a 52 week low of $76.05 and a 52 week high of $87.99.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $66.17 billion for the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter in the previous year, the firm posted $0.63 EPS. sell-side analysts forecast that Exxon Mobil will post 3.68 earnings per share for the current fiscal year.

In other news, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the completion of the transaction, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the transaction, the vice president now directly owns 229,774 shares of the company’s stock, valued at $19,073,539.74. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock valued at $4,273,910 over the last ninety days. Corporate insiders own 0.08% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. CWH Capital Management Inc. bought a new position in shares of Exxon Mobil in the second quarter worth approximately $114,000. Horan Securities Inc. boosted its position in shares of Exxon Mobil by 20.8% in the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after purchasing an additional 260 shares during the period. Litman Gregory Asset Management LLC bought a new position in shares of Exxon Mobil in the third quarter worth approximately $131,000. Acrospire Investment Management LLC boosted its position in shares of Exxon Mobil by 172.7% in the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 1,100 shares during the period. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in shares of Exxon Mobil by 2.7% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after purchasing an additional 50 shares during the period. 51.05% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Exxon Mobil (NYSE:XOM)

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