Analysts’ Opinions Are Mixed on These Materials Stocks: Diamondback (NASDAQ: FANG), Exxon Mobil (NYSE: XOM) and Kosmos Energy (NYSE: KOS)

By Austin Angelo

Analysts have been eager to weigh in on the Materials sector with new ratings on Diamondback (NASDAQ: FANG), Exxon Mobil (NYSE: XOM) and Kosmos Energy (NYSE: KOS).

Diamondback (NASDAQ: FANG)

In a report released yesterday, Randy Ollenberger from BMO Capital reiterated a Buy rating on Diamondback (NASDAQ: FANG), with a price target of $100. The company’s shares closed yesterday at $87.30, close to its 52-week high of $114.

According to TipRanks.com, Ollenberger is ranked 0 out of 5 stars with an average return of -11.2% and a 25.6% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Wildhorse Resource Development Corp, Sanchez Energy Corporation, and Spectra Energy Partners.

Currently, the analyst consensus on Diamondback is Strong Buy and the average price target is $125.78, representing a 44.1% upside.

In a report issued on June 12, Northland Securities also reiterated a Buy rating on the stock with a $125 price target.
Exxon Mobil (NYSE: XOM)

BMO Capital analyst Brendan Warn reiterated a Hold rating on Exxon Mobil (NYSE: XOM) yesterday and set a price target of $78. The company’s shares closed yesterday at $81.24, close to its 52-week high of $95.55.

According to TipRanks.com, Warn is a 1-star analyst with an average return of -0.2% and a 41.2% success rate. Warn covers the Basic Materials sector, focusing on stocks such as Royal Dutch Shell A, Bonanza Creek, and Kosmos Energy.

Currently, the analyst consensus on Exxon Mobil is Moderate Buy and the average price target is $86.17, representing a 6.1% upside.

In a report issued on June 23, Jefferies also reiterated a Hold rating on the stock with a $86 price target.
Kosmos Energy (NYSE: KOS)

In a report released yesterday, David Round from BMO Capital reiterated a Buy rating on Kosmos Energy (NYSE: KOS), with a price target of $9. The company’s shares closed yesterday at $6.13.

According to TipRanks.com, Round is ranked #3939 out of 4596 analysts.

Currently, the analyst consensus on Kosmos Energy is Strong Buy and the average price target is $9.75, representing a 59.1% upside.

In a report issued on June 16, Jefferies also reiterated a Buy rating on the stock with a $8 price target.

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