RBC Capital Sticks to Its Buy Rating for Exxon Mobil

By Jason Carr

RBC Capital analyst Scott Hanold reiterated a Buy rating on Exxon Mobil (NYSE: XOM) on June 13 and set a price target of $96. The company’s shares opened today at $82.26.

According to TipRanks.com, Hanold is ranked 0 out of 5 stars with an average return of -8.1% and a 26.2% success rate. Hanold covers the Basic Materials sector, focusing on stocks such as Contango Oil & Gas Company, Sanchez Energy Corporation, and Quicksilver Resources Inc.

Currently, the analyst consensus on Exxon Mobil is Moderate Buy and the average price target is $86.17, representing a 4.8% upside.

In a report issued on June 7, Hilliard Lyons also initiated coverage with a Buy rating on the stock with a $90 price target.

The company has a one year high of $95.55 and a one year low of $79.26. Currently, Exxon Mobil has an average volume of 11.39M.

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