In a report released today, Gordon Gray from HSBC maintained a Buy rating on Exxon Mobil (XOM), with a price target of $82. The company’s shares opened today at $71.63.
According to TipRanks.com, Gray is ranked #990 out of 5141 analysts.
Currently, the analyst consensus on Exxon Mobil is a Hold with an average price target of $86.27.
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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 $67.63 billion and had a net profit of $8.38 billion.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock.
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