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Exxon Mobil Corporation (NYSE:XOM) target price raised to $89.16, reported today by Vetr Inc.

Yesterday Exxon Mobil Corporation (NYSE:XOM) traded 4.40% higher at $87.00. The company’s 50-day moving average is $86.44 and its 200-day moving average is $88.14. The last closing price is down -1.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 28,117,871 shares of the stock were exchanged, up from an average trading volume of 11,080,700

Exxon Mobil Corporation (NYSE:XOM) had its target price raised to $89.16 by Vetr Inc. in a report released Wednesday September 28, 2016. The new target price indicates a possible upside of 0.02% based on the company's last closing price.

Previously on Tuesday September 13, 2016, Vetr Inc. reported on Exxon Mobil Corporation (NYSE:XOM) raised the target price from $0.00 to $90.31. At the time, this indicated a possible upside of 0.03%.

See Chart Below

Exxon Mobil Corporation (NYSE:XOM)

Exxon Mobil Corporation has a 52 week low of $71.55 and a 52 week high of $95.55 with a P/E ratio of 34.51 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 22 brokers have issued a report on the stock. The consensus target price is $85.16 with 3 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 9 brokers rating the stock a hold, 5 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.

General Information About 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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