RBC Capital Believes Exxon Mobil (XOM) Still Has Room to Grow


RBC Capital analyst Biraj Borkhataria maintained a Buy rating on Exxon Mobil (NYSE: XOM) today and set a price target of $115. The company’s shares opened today at $86.60, close to its 52-week high of $89.30.

According to TipRanks.com, Borkhataria is ranked #2954 out of 4880 analysts.

Currently, the analyst consensus on Exxon Mobil is a Hold with an average price target of $91.82, which is a 6.0% upside from current levels. In a report issued on September 12, HSBC also maintained a Buy rating on the stock with a $96 price target.

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Exxon Mobil’s market cap is currently $360.6B and has a P/E ratio of 17.66. The company has a Price to Book ratio of 1.96.

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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