Exxon Mobil Corporation – Consensus Indicates Potential 5.3% Upside

Broker Ratings
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Exxon Mobil Corporation with ticker code (XOM) have now 24 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 140 and 101 calculating the average target price we see 124.02. Given that the stocks previous close was at 117.76 this is indicating there is a potential upside of 5.3%. There is a 50 day moving average of 109.84 and the 200 moving average now moves to 98.04. The market capitalisation for the company is $476,116m. Company Website: https://corporate.exxonmobil.com

The potential market cap would be $501,425m based on the market concensus.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas.

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