Exxon Mobil Corporation (NYSE:XOM) target price raised to $89.89, issued a report today by Vetr Inc.
- Updated: November 30, 2016
Exxon Mobil Corporation (NYSE:XOM) had its price target upped to $89.89 by Vetr Inc. in a report issued 11/30/2016. The updated stock price target implies a potential upside of 0.05% from the company's most recent stock close price.
Previously on 11/28/2016, Vetr Inc. reported about Exxon Mobil Corporation (NYSE:XOM) raised the target price from $0.00 to $90.07. At the time, this indicated a possible upside of 0.04%.
Yesterday Exxon Mobil Corporation (NYSE:XOM) traded 1.63% higher at $85.90. The company’s 50-day moving average is $85.99 and its 200-day moving average is $88.32. The last stock close price is down -1.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 22,696,209 shares of the stock were exchanged, up from an average trading volume of 11,051,600
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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 40.87 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 22 firms have reported on the stock. The consensus target price is $85.16 with 3 firms rating the stock a strong buy, 6 firms rating the stock a buy, 9 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.
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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