Exxon Mobil Corp. (NYSE:XOM) has been assigned a $80.00 price objective by equities research analysts at BNP Paribas in a research report issued on Tuesday. The firm currently has a a “sell” rating on the stock. BNP Paribas’ price target suggests a potential downside of 9.54% from the company’s previous close.

Several other analysts also recently issued reports on XOM. Credit Agricole SA restated a “buy” rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 16th. Jefferies Group restated a “hold” rating on shares of Exxon Mobil Corp. in a research report on Thursday, September 8th. Collins Stewart restated a “hold” rating and issued a $83.50 price objective on shares of Exxon Mobil Corp. in a research report on Sunday, September 11th. JPMorgan Chase & Co. set a $95.00 price objective on Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Monday, July 11th. Finally, Morningstar Inc. restated a “neutral” rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 30th. Eight analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. Exxon Mobil Corp. presently has a consensus rating of “Hold” and an average price target of $87.39.

Analyst Recommendations for Exxon Mobil Corp. (NYSE:XOM)

Exxon Mobil Corp. (NYSE:XOM) opened at 88.44 on Tuesday. The firm has a 50-day moving average price of $86.29 and a 200-day moving average price of $88.38. Exxon Mobil Corp. has a one year low of $71.55 and a one year high of $95.55. The stock has a market cap of $366.73 billion, a price-to-earnings ratio of 35.12 and a beta of 0.83.

Exxon Mobil Corp. (NYSE:XOM) last posted its earnings results on Friday, July 29th. The company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.23. The firm had revenue of $57.69 billion for the quarter, compared to analysts’ expectations of $60.23 billion. Exxon Mobil Corp. had a return on equity of 5.94% and a net margin of 4.51%. The firm’s revenue for the quarter was down 22.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.00 earnings per share. On average, equities analysts predict that Exxon Mobil Corp. will post $2.28 earnings per share for the current year.

In related news, VP Robert Stuart Franklin sold 13,855 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $87.93, for a total value of $1,218,270.15. Following the sale, the vice president now owns 213,256 shares of the company’s stock, valued at approximately $18,751,600.08. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.14% of the stock is owned by corporate insiders.

Several hedge funds have recently made changes to their positions in XOM. Lenox Wealth Advisors Inc. boosted its stake in Exxon Mobil Corp. by 0.4% in the second quarter. Lenox Wealth Advisors Inc. now owns 2,708 shares of the company’s stock valued at $254,000 after buying an additional 10 shares in the last quarter. Capital Asset Advisory Services LLC boosted its stake in Exxon Mobil Corp. by 0.4% in the second quarter. Capital Asset Advisory Services LLC now owns 3,394 shares of the company’s stock valued at $318,000 after buying an additional 15 shares in the last quarter. Elefante Mark B boosted its stake in Exxon Mobil Corp. by 0.6% in the second quarter. Elefante Mark B now owns 2,727 shares of the company’s stock valued at $257,000 after buying an additional 15 shares in the last quarter. Gibraltar Capital Management Inc. boosted its stake in Exxon Mobil Corp. by 0.6% in the second quarter. Gibraltar Capital Management Inc. now owns 2,911 shares of the company’s stock valued at $273,000 after buying an additional 18 shares in the last quarter. Finally, Round Table Services LLC boosted its stake in Exxon Mobil Corp. by 0.4% in the second quarter. Round Table Services LLC now owns 4,674 shares of the company’s stock valued at $438,000 after buying an additional 19 shares in the last quarter. 50.42% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Corp. Company Profile

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

5 Day Chart for NYSE:XOM

Receive News & Stock Ratings for Exxon Mobil Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corp. and related stocks with our FREE daily email newsletter.