Rating on Exxon Mobil (NYSE:XOM) is Set to Market Perform. Its Reiterates by Wells Fargo with $86 Target.

June 27, 2018 - By Norman Soto

Exxon Mobil Corporation (NYSE:XOM) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.81. That’s change of 0.03, from 2017Q4’s 0.84. 52 investors sold all, 836 reduced holdings as Exxon Mobil Corporation ratio turned negative. 596 grew stakes while 121 funds bought stakes. Funds hold 2.15 billion shares thus 0.92% less from 2017Q4’s 2.17 billion shares.

Greenwood Gearhart Inc invested in 2.31% or 101,582 shs. X Communication Lc accumulated 0.2% or 135,856 shs. Park Circle reported 200 shs. Court Place Advsr Lc accumulated 61,283 shs. Sequent Asset has invested 1.77% in Exxon Mobil Corporation (NYSE:XOM). Institute For Wealth Mgmt Ltd Liability Corp holds 0.59% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 25,324 shs. Lafayette Invs holds 2.44% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 87,612 shs. Foster Dykema Cabot And Comm Ma holds 12,763 shs. Pinnacle Advisory Group reported 23,691 shs. Voya Inv Management Ltd Llc reported 3.60 million shs or 0.57% of all its holdings. Dumont And Blake Investment Advisors Lc holds 1.49% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 46,793 shs. Utd Capital Advisers Ltd Liability Com has invested 0.72% in Exxon Mobil Corporation (NYSE:XOM). Covington Cap reported 488,623 shs. Rice Hall James & Ltd Liability Com holds 12,188 shs. Price T Rowe Associate Md has invested 0.42% in Exxon Mobil Corporation (NYSE:XOM).

Reiterated Exxon Mobil (NYSE:XOM) Rating.

Exxon Mobil (NYSE:XOM) had $86 price target given by Wells Fargo in analysts note published on Tuesday, 26 June. Analysts’s TP would suggest a potential upside of 5.03 % from the company’s previous close.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

A total of 13 analysts rate Exxon Mobil (NYSE:XOM) as follows: 4 “Buy”, 7 “Hold” and 2 “Sell”. Тherefore 31% are bullish. (NYSE:XOM) has 19 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Wednesday, May 30 the stock has “Buy” rating by RBC Capital Markets. The company rating was maintained by Piper Jaffray on Monday, February 5. On Wednesday, January 24 Morgan Stanley maintained Exxon Mobil Corporation (NYSE:XOM) with “Underweight” rating. On Thursday, March 8 the company was maintained by Bank of America. On Thursday, April 19 the stock has “Hold” rating by Jefferies. On Thursday, March 15 HSBC upgraded Exxon Mobil Corporation (NYSE:XOM) to “Buy” rating. On Tuesday, June 26 Wells Fargo maintained Exxon Mobil Corporation (NYSE:XOM) rating. Wells Fargo has “Market Perform” rating and $86 target. The stock rating was maintained by Wells Fargo with “Market Perform” on Thursday, March 8. In Tuesday, January 23 report Piper Jaffray maintained the stock with “Hold” rating. In Monday, April 30 report Credit Suisse maintained the stock with “Neutral” rating.

Ticker’s shares touched $81.88 during the last trading session after 1.54% change.Currently Exxon Mobil Corporation is downtrending after 3.72% change in last June 27, 2017. XOM has 1.52 million shares volume. XOM underperformed the S&P500 by 16.29%.

Earnings report for Exxon Mobil Corporation (NYSE:XOM) is anticipated on July, 27., according to Faxor. This year’s EPS analyst estimate is anticipated to be $1.19. That is 52.56 % up compareed to $0.78 EPS for last year. If XOM’s EPS is $1.19 the profit will be $5.04 billion for 17.20 P/E. Last quarter $1.09 EPS was reported. Analysts forecasts 9.17 % EPS growth this quarter.

Exxon Mobil Corporation explores for and produces natural gas and crude oil in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania.The firm is valued at $346.67 billion. It operates through Upstream, Downstream, and Chemical divisions.17.17 is the P/E ratio. The firm also makes petroleum products; makes and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

For more Exxon Mobil Corporation (NYSE:XOM) news posted recently go to: Seekingalpha.com, 247Wallst.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Dismissed: Climate suit against Big Oil” posted on June 26, 2018, “Why Top Oil Stocks Could Be the Best Second-Half 2018 Trades” on June 26, 2018, “Buying Exxon Mobil In Anticipation Of New All-Time Highs” with a publish date: June 25, 2018, “Exxon Mobil Is Returning To Its Roots” and the last “Exxon, Chevron head new methane emissions consortium” with publication date: June 26, 2018.

Exxon Mobil Corporation (NYSE:XOM) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: