Analysts see little credibility in Exxon-for-BP takeover chatter

Exxon Mobil

Argus reaffirmed a "buy" rating and set a $104.00 price objective on shares of Exxon Mobil Corp.in a research report on Wednesday, August 17th. Its beta stands at 0.89 times. Annual EPS Growth of past 5 years is -25.90%. MD increased its position in Exxon Mobil by 6.8% in the third quarter. The company's shares were closed at 42.03. Cedar Hill Associates LLC's holdings in Exxon Mobil were worth $1,331,000 as of its most recent filing with the SEC. Buy rating has been given by 2 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 4 analysts given HOLD rating.

Shares in oil major BP have risen today as speculation reemerges about takeover interest from Exxon Mobil, the world's largest listed oil company. Corporate insiders own 0.14% of the company's stock.

12/15/2016 - Exxon Mobil Corporation had its "underperform" rating reiterated by analysts at Macquarie. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $-0.99 for the HES while maintaining high price target of 80 and average of 64.38, as declared by WSJ. The stock's market capitalization is 338.40B.

The stock's 50 day moving average is 82.94 and its 200 day moving average is 85.99.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Tuesday, January 31st. The reported earnings per share topped the analyst's consensus by $0 with the percentage difference between estimated and actual earnings arriving at 0.00%. The company had revenue of $61.02 billion for the quarter, compared to analyst estimates of $62.28 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Regions Financial Corporation (NYSE:RF), at its latest closing price of $15.21, it has a price-to-book ratio of 1.17, compared to an industry average at 2.25.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Thursday, February 9th will be issued a dividend of $0.75 per share. It has a dividend yield of 3.67%.


Shares of Exxon Mobil Co. If you are accessing this story on another publication, it was stolen and reposted in violation of US and worldwide copyright & trademark law. The original version of this report can be viewed at [[permalink]].

A number of research analysts have weighed in on XOM shares. The stock presently has a consensus rating of "Hold" and an average target price of $88.66.

Friday bloom on Exxon Mobil Corporation (NYSE:XOM) [Trend Analysis], stock inched up around 0.79% in early session as its gaining volume of 14.71 Million. Vetr raised Exxon Mobil from a "hold" rating to a "buy" rating and set a $90.07 price objective for the company in a research report on Monday, November 28th. Investors who are keeping close eye on the stock of Exxon Mobil Corporation (NYSE:XOM) established that the company was able to keep return on investment at 3.03 in the trailing twelve month while Reuters data showed that industry's average stands at 7.17 and sector's optimum level is 7.02.

Many research firms have provided their ratings on Exxon Mobil Corporation (NYSE:XOM) where Credit Suisse provided Neutral rating on the stock on 2-Mar-17. They noted that the move was a valuation call. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

During last 3 month it remained at -5.87%. The stock was sold at an average price of $90.88, for a total transaction of $454,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Dennis G. Wascom sold 4,400 shares of Exxon Mobil stock in a transaction dated Tuesday, December 13th. They now have a Dollars 92 price target on the stock. Following the completion of the sale, the vice president now owns 183,765 shares of the company's stock, valued at approximately $16,906,380.

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