Credit Suisse Group AG set a $74.00 target price on Exxon Mobil Corp. (NYSE:XOM) in a research report sent to investors on Friday morning. The brokerage currently has a a sell rating on the stock.

A number of other research analysts have also weighed in on the stock. RBC Capital Markets set a $98.00 price target on shares of Exxon Mobil Corp. and gave the company a buy rating in a research note on Thursday. Bank of America Corp. set a $100.00 price target on shares of Exxon Mobil Corp. and gave the company a hold rating in a research note on Monday, October 10th. BNP Paribas set a $80.00 price target on shares of Exxon Mobil Corp. and gave the company a sell rating in a research note on Tuesday, October 11th. HSBC set a $91.00 price target on shares of Exxon Mobil Corp. and gave the company a neutral rating in a research note on Tuesday, October 11th. Finally, Barclays PLC reaffirmed an equal weight rating and issued a $100.00 price target on shares of Exxon Mobil Corp. in a research note on Monday, October 10th. Eight investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. Exxon Mobil Corp. has an average rating of Hold and a consensus price target of $87.77.

Exxon Mobil Corp. (NYSE:XOM) traded down 0.12% on Friday, hitting $86.44. The stock had a trading volume of 1,863,625 shares. The firm’s 50 day moving average price is $86.20 and its 200-day moving average price is $88.37. The stock has a market cap of $358.44 billion, a PE ratio of 34.33 and a beta of 0.83. Exxon Mobil Corp. has a 12 month low of $71.55 and a 12 month high of $95.55.

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

In other news, VP Robert Stuart Franklin sold 13,855 shares of the stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $87.93, for a total value of $1,218,270.15. Following the completion of the sale, the vice president now owns 213,256 shares of the company’s stock, valued at $18,751,600.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.14% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in XOM. Vanguard Group Inc. raised its stake in Exxon Mobil Corp. by 2.6% in the second quarter. Vanguard Group Inc. now owns 274,326,721 shares of the company’s stock worth $25,715,387,000 after buying an additional 6,897,006 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Exxon Mobil Corp. by 1.3% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 111,095,583 shares of the company’s stock worth $9,286,480,000 after buying an additional 1,455,454 shares during the last quarter. BlackRock Fund Advisors raised its stake in Exxon Mobil Corp. by 4.2% in the second quarter. BlackRock Fund Advisors now owns 62,193,667 shares of the company’s stock worth $5,830,034,000 after buying an additional 2,524,527 shares during the last quarter. BlackRock Group LTD raised its stake in Exxon Mobil Corp. by 0.5% in the second quarter. BlackRock Group LTD now owns 34,810,748 shares of the company’s stock worth $3,263,159,000 after buying an additional 177,918 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Exxon Mobil Corp. by 4.2% in the second quarter. Ameriprise Financial Inc. now owns 21,717,922 shares of the company’s stock worth $2,036,082,000 after buying an additional 869,112 shares during the last quarter. 50.45% of the stock is owned by institutional investors.

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

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