Zacks Rating on Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : 15 analysts are covering Exxon Mobil Corporation (XOM) and their average rating on the stock is 2.62, which is read as a Hold. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Exxon Mobil Corporation (XOM) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Exxon Mobil Corporation (XOM) stock is expected to deviate a maximum of $8.12 from the average target price of $92.18 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $100 and the most muted being $74.


Exxon Mobil Corporation has lost 0.23% in the last five trading days and dropped 4.05% in the last 4 weeks. Exxon Mobil Corporation has dropped 1.34% during the last 3-month period . Year-to-Date the stock performance stands at 15.49%. Exxon Mobil Corporation (NYSE:XOM): On Tuesdays trading session , Opening price of the stock was $87.84 with an intraday high of $88.02. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $87.56. However, the stock managed to close at $87.72, a loss of 0.31% for the day. On the previous day, the stock had closed at $87.99. The total traded volume of the day was 6,512,786 shares.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the 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 a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.

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