Analysts Offer Insights on Energy Companies: Exxon Mobil (XOM) and Permian Resources (PR)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Exxon Mobil (XOM – Research Report) and Permian Resources (PR – Research Report) with bullish sentiments.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Exxon Mobil (XOM)
Morgan Stanley analyst Devin McDermott maintained a Buy rating on Exxon Mobil today and set a price target of $134.00. The company’s shares closed last Friday at $141.40.
According to TipRanks.com, McDermott is a 5-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 $137.22 average price target, representing a -1.1% downside. In a report issued on January 29, TipRanks – xAI also upgraded the stock to Buy with a $154.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Permian Resources (PR)
William Blair analyst Neal Dingmann maintained a Buy rating on Permian Resources today. The company’s shares closed last Friday at $16.13.
According to TipRanks.com, Dingmann is a 2-star analyst with an average return of
Permian Resources has an analyst consensus of Strong Buy, with a price target consensus of $18.06, implying a 12.9% upside from current levels. In a report issued on January 21, Piper Sandler also maintained a Buy rating on the stock with a $20.00 price target.
