Roger Read analyst at Wells Fargo reiterates coverage on Exxon Mobil (XOM) stock in the Utilities sector with a Buy rating. TipRanks.com has Read rated as a 4.6 star analyst with a 57% return on investment and a 8.9% success rate. Read has set a price target of $ 109.
TipRanks.com reports that Exxon Mobil stock currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for XOM's stock is $105.82. The target pricing ranges from a high forecast of $125.00 down to a low forecast of $86.00. Exxon Mobil (XOM)’s stock last closing price was $84.81 which would put the average price target at 24.77% upside.
In addition, TradingView issued a Sell rating for XOM's stock over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on XOM stock.
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This article was pulled from energystockmovers.com as they are an authority in the Energy Stock Sector. EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production.
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