Exxon Mobil (XOM) Receives a Hold from Jefferies

By Jason Carr

Jefferies analyst Jason Gammel maintained a Hold rating on Exxon Mobil (NYSE: XOM) today and set a price target of $87. The company’s shares opened today at $85.02.

According to TipRanks.com, Gammel is a 4-star analyst with an average return of 9.7% and a 70.5% success rate. Gammel covers the Basic Materials sector, focusing on stocks such as Royal Dutch Shell A, Conocophillips, and Marathon Oil.

The word on The Street in general, suggests a Hold analyst consensus rating for Exxon Mobil with a $91.82 average price target, representing a 8.0% upside. In a report issued on September 14, UBS also maintained a Hold rating on the stock with a $87 price target.


See today’s analyst top recommended stocks >>

Exxon Mobil’s market cap is currently $363.1B and has a P/E ratio of 17.34. The company has a Price to Book ratio of 1.92.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.