Exxon Mobil (XOM) Gets a Hold Rating from J.P. Morgan


In a report released yesterday, Phil Gresh from J.P. Morgan maintained a Hold rating on Exxon Mobil (NYSE: XOM), with a price target of $94. The company’s shares closed yesterday at $86.13.

According to TipRanks.com, Gresh is ranked #732 out of 4882 analysts.

Currently, the analyst consensus on Exxon Mobil is a Hold with an average price target of $92.45, representing a 7.3% upside. In a report issued on September 28, Jefferies also maintained a Hold rating on the stock with a $87 price target.

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Exxon Mobil’s market cap is currently $364.7B and has a P/E ratio of 17.57. The company has a Price to Book ratio of 1.95.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock.

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.

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