HSBC Maintains Their Buy Rating on Exxon Mobil (XOM)


In a report released today, Gordon Gray from HSBC maintained a Buy rating on Exxon Mobil (XOM), with a price target of $86.50. The company’s shares opened today at $78.53.

Gray has an average return of 0.8% when recommending Exxon Mobil.

According to TipRanks.com, Gray is ranked #1033 out of 5188 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Exxon Mobil with a $84.55 average price target, implying a 7.7% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $95 price target.

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The company has a one-year high of $87.36 and a one-year low of $64.65. Currently, Exxon Mobil has an average volume of 15.14M.

Based on the recent corporate insider activity of 70 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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