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Where Does Wall Street Think Exxon Mobil Corp (XOM) Stock Will Go?

Wednesday, August 17, 2022 01:16 PM | InvestorsObserver Analysts
Where Does Wall Street Think Exxon Mobil Corp (XOM) Stock Will Go?

Wall Street is positive on Exxon Mobil Corp (XOM). On average, analysts give XOM a Buy rating. The average price target is $99.3, which means analysts expect the stock to increase by 7.41% over the next twelve months. That average ranking earns XOM an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating XOM a Buy today. Find out what this means to you and get the rest of the rankings on XOM!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Exxon Mobil Corp Stock Today?

Exxon Mobil Corp (XOM) stock is trading at $92.45 as of 1:10 PM on Wednesday, Aug 17, an increase of $1.00, or 1.09% from the previous closing price of $91.45. The stock has traded between $90.92 and $93.21 so far today. Volume today is less active than usual. So far 7,040,216 shares have traded compared to average volume of 19,927,314 shares. Click Here to get the full Stock Report for Exxon Mobil Corp stock.

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