Exxon Mobil Rating Reiterated by TheStreet (XOM)
“Exxon Mobil Corporation (XOM) has been reiterated by TheStreet Ratings as a buy with a ratings score of A . The company’s strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.”
,” TheStreet’s analyst wrote.
A number of other firms have also recently commented on XOM. Analysts at Canaccord Genuity reiterated a hold rating on shares of Exxon Mobil in a research note to investors on Tuesday, March 5th. They now have a $95.00 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a neutral rating on shares of Exxon Mobil in a research note to investors on Monday, March 4th. They now have a $99.00 price target on the stock.
Six equities research analysts have rated the stock with a buy rating, two have issued an overweight rating, and sixteen have given a hold rating to the stock. The company presently has a consensus rating of overweight and a consensus target price of $94.83.
Exxon Mobil opened at 88.97 on Thursday. Exxon Mobil has a 52-week low of $77.13 and a 52-week high of $93.67. The stock’s 50-day moving average is currently $89.51. The company has a market cap of $398.6 billion and a price-to-earnings ratio of 9.18.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 11th. Shareholders of record on Monday, February 11th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Thursday, February 7th.
Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products.
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