Exxon Mobil (XOM) Gets a Buy Rating from RBC Capital
In a report released yesterday, Biraj Borkhataria from RBC Capital maintained a Buy rating on Exxon Mobil (XOM), with a price target of $115. The company’s shares closed yesterday at $81.22.
According to TipRanks.com, Borkhataria is ranked #3365 out of 5134 analysts.
Exxon Mobil has an analyst consensus of Hold, with a price target consensus of $90.92, representing an 11.9% upside. In a report issued on November 20, Societe Generale also maintained a Buy rating on the stock with a $92 price target.
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Based on Exxon Mobil’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $74.26 billion and net profit of $6.24 billion. In comparison, last year the company earned revenue of $58.55 billion and had a net profit of $3.97 billion.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock.
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