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.
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