RBC Capital analyst Biraj Borkhataria maintained a Hold rating on Exxon Mobil (XOM – Research Report) on April 26 and set a price target of $120.00. The company’s shares closed last Friday at $117.96.
According to TipRanks, Borkhataria is ranked #1618 out of 8747 analysts.
In addition to RBC Capital, Exxon Mobil also received a Hold from Scotiabank’s Paul Cheng in a report issued on April 11. However, on April 26, Jefferies maintained a Buy rating on Exxon Mobil (NYSE: XOM).
Based on Exxon Mobil’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $84.34 billion and a net profit of $7.63 billion. In comparison, last year the company earned a revenue of $95.43 billion and had a net profit of $12.75 billion
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XOM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Exxon Mobil (XOM) Company Description:
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products. The Chemical segment offers petrochemicals. The company was founded by John D. Rockefeller in 1882 and is headquartered in Irving, TX.
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