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Exane BNP Paribas recorded Exxon Mobil Corporation (NYSE:XOM), hiking its price target to $80.00 earlier today

Exane BNP Paribas bumped up the target of Exxon Mobil Corporation (NYSE:XOM) to $80.00 stating a potential downside of -0.10%.

On Wednesday September 28, 2016, Vetr Inc. released a statement for Exxon Mobil Corporation (NYSE:XOM) bumped up the target price from $0.00 to $89.16 that suggested an upside of 0.02%.

Boasting a price of $88.44, Exxon Mobil Corporation (NYSE:XOM) traded 1.96% higher on the day. With the last stock price close up 0.07% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Exxon Mobil Corporation has recorded a 50-day average of $86.29 and a two hundred day average of $88.38. Volume of trade was down over the average, with 10,060,038 shares of XOM changing hands under the typical 10,910,000

Performance Chart

Exxon Mobil Corporation (NYSE:XOM)

With a total market value of $0, Exxon Mobil Corporation has 52 week low of $71.55 and a 52 week high of $95.55 with a PE ratio of 35.12 .

In addition to Exane BNP Paribas reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $85.16 with 3 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 5 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On Exxon Mobil Corporation (NYSE:XOM)

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products. The Company operates through the Upstream, Downstream, Chemical, and Corporate and Financing segments. The Upstream segment operates to explore for and produce crude oil and natural gas. The Downstream segment operates to manufacture and sell petroleum products. The Chemical segment operates to manufacture and sell petrochemicals. The Company's projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Barzan project, the Arkutun-Dagi project, and the Upper Zakum 750 project, among others.

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