Analysts Offer Insights on Energy Companies: Exxon Mobil (XOM) and Imperial Oil (IMO)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Exxon Mobil (XOM – Research Report) and Imperial Oil (IMO – Research Report).
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Exxon Mobil (XOM)
UBS analyst Manav Gupta reiterated a Buy rating on Exxon Mobil today and set a price target of $145.00. The company’s shares closed last Friday at $118.82.
According to TipRanks.com, Gupta is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exxon Mobil with a $132.33 average price target, which is a 10.8% upside from current levels. In a report issued on December 10, Morgan Stanley also maintained a Buy rating on the stock with a $137.00 price target.
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Imperial Oil (IMO)
BMO Capital analyst Randy Ollenberger downgraded Imperial Oil to Hold today and set a price target of C$129.00. The company’s shares closed last Friday at $91.90.
According to TipRanks.com, Ollenberger is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Imperial Oil with a $79.28 average price target.
