UBS Group Reiterates “Buy” Rating for Exxon Mobil (NYSE:XOM)

Exxon Mobil (NYSE:XOM)‘s stock had its “buy” rating reiterated by analysts at UBS Group in a research note issued to investors on Monday,Benzinga reports. They currently have a $145.00 price target on the oil and gas company’s stock. UBS Group’s price objective suggests a potential upside of 23.79% from the stock’s current price.

A number of other analysts have also weighed in on the company. Melius Research initiated coverage on Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price objective on the stock. Melius assumed coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Barclays reduced their price target on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 7th. Bank of America boosted their price objective on Exxon Mobil from $113.00 to $120.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Finally, Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $128.67.

Exxon Mobil Trading Up 1.1%

NYSE:XOM traded up $1.22 on Monday, reaching $117.14. 822,433 shares of the company’s stock were exchanged, compared to its average volume of 16,022,398. The business has a fifty day moving average of $114.84 and a 200-day moving average of $111.38. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil has a 52-week low of $97.80 and a 52-week high of $120.81. The firm has a market capitalization of $493.99 billion, a price-to-earnings ratio of 16.67, a price-to-earnings-growth ratio of 2.06 and a beta of 0.49.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. As a group, analysts expect that Exxon Mobil will post 7.43 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Westfuller Advisors LLC purchased a new stake in Exxon Mobil in the 3rd quarter worth approximately $30,000. Elequin Capital LP acquired a new stake in shares of Exxon Mobil during the first quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Exxon Mobil by 396.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 238 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new stake in shares of Exxon Mobil in the second quarter valued at $38,000. Finally, Game Plan Financial Advisors LLC increased its stake in Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.