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Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)

Tipranks - Tipranks - Wed Jul 8, 4:54AM CDT

In a report released today, Betty Jiang from Barclays maintained a Buy rating on Exxon Mobil, with a price target of $182.00.

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Jiang covers the Energy sector, focusing on stocks such as Devon Energy, Chevron, and Diamondback. According to TipRanks, Jiang has an average return of 1.0% and a 43.81% success rate on recommended stocks.

In addition to Barclays, Exxon Mobil also received a Buy from TD Cowen’s Jason Gabelman in a report issued on July 2. However, on the same day, RBC Capital maintained a Hold rating on Exxon Mobil (NYSE: XOM).

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Based on Exxon Mobil’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $83.16 billion and a net profit of $4.18 billion. In comparison, last year the company earned a revenue of $81.06 billion and had a net profit of $7.71 billion

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