Analysts Offer Insights on Energy Companies: Exxon Mobil (XOM) and Range Resources (RRC)

Analysts fell to the sidelines weighing in on Exxon Mobil (XOM) and Range Resources (RRC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Exxon Mobil (XOM)

In a report issued on April 17, Jean Ann Salisbury from Bank of America Securities reiterated a Hold rating on Exxon Mobil, with a price target of $151.00. The company’s shares closed last Monday at $147.68.

According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 6.9% and a 65.4% success rate. Salisbury covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'>

Currently, the analyst consensus on Exxon Mobil is a Moderate Buy with an average price target of $165.19, representing a 12.1% upside. In a report issued on April 17, Exane BNP Paribas also upgraded the stock to Hold with a $165.00 price target.

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Range Resources (RRC)

In a report released yesterday, Kalei Akamine from Bank of America Securities maintained a Hold rating on Range Resources, with a price target of $44.00. The company’s shares closed last Monday at $41.14, close to its 52-week high of $41.95.

According to TipRanks.com, Akamine is a 4-star analyst with an average return of 6.8% and a 58.3% success rate. Akamine covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, National Fuel Gas Company, and California Resources Corp. ;'>

Range Resources has an analyst consensus of Hold, with a price target consensus of $45.00, an 8.6% upside from current levels. In a report issued on April 5, Jefferies also maintained a Hold rating on the stock with a $42.00 price target.

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