Exxon Mobil (NYSE:XOM)‘s stock had its “sell” rating restated by stock analysts at Barclays in a research note issued to investors on Tuesday. They currently have a $87.00 target price on the oil and gas company’s stock. Barclays’ price objective would suggest a potential upside of 4.66% from the stock’s current price.

A number of other research firms also recently issued reports on XOM. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $88.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 10th. Macquarie reissued a “sell” rating and issued a $70.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 10th. Morningstar set a $85.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, June 11th. Jefferies Financial Group reissued a “neutral” rating and issued a $87.00 target price on shares of Exxon Mobil in a research report on Monday, June 11th. Finally, HSBC reiterated a “buy” rating and issued a $93.50 price target on shares of Exxon Mobil in a research report on Monday, July 16th. Five equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $87.66.

NYSE:XOM opened at $83.13 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.51. Exxon Mobil has a 1 year low of $72.15 and a 1 year high of $89.30. The firm has a market capitalization of $346.75 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 1.38 and a beta of 0.86.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, July 27th. The oil and gas company reported $0.92 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.26 by ($0.34). Exxon Mobil had a return on equity of 8.45% and a net margin of 7.64%. The firm had revenue of $73.50 billion during the quarter, compared to analysts’ expectations of $71.66 billion. During the same period in the prior year, the business earned $0.78 earnings per share. The business’s quarterly revenue was up 26.6% compared to the same quarter last year. equities research analysts predict that Exxon Mobil will post 4.5 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC boosted its stake in Exxon Mobil by 37.8% during the second quarter. FMR LLC now owns 33,955,341 shares of the oil and gas company’s stock valued at $2,809,126,000 after buying an additional 9,318,782 shares during the period. First Eagle Investment Management LLC boosted its stake in Exxon Mobil by 43.0% during the first quarter. First Eagle Investment Management LLC now owns 18,085,596 shares of the oil and gas company’s stock valued at $1,349,366,000 after buying an additional 5,440,412 shares during the period. Charles Schwab Investment Advisory Inc. bought a new stake in Exxon Mobil during the second quarter valued at $394,412,000. Standard Life Aberdeen plc boosted its stake in Exxon Mobil by 145.3% during the second quarter. Standard Life Aberdeen plc now owns 7,858,127 shares of the oil and gas company’s stock valued at $650,889,000 after buying an additional 4,654,288 shares during the period. Finally, BlackRock Inc. boosted its stake in Exxon Mobil by 1.7% during the second quarter. BlackRock Inc. now owns 265,206,204 shares of the oil and gas company’s stock valued at $21,940,509,000 after buying an additional 4,384,093 shares during the period. Institutional investors own 52.60% of the company’s stock.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

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Analyst Recommendations for Exxon Mobil (NYSE:XOM)

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