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Analysts Offer Insights on Energy Companies: Exxon Mobil (XOM) and Marathon Petroleum (MPC)

Tipranks - Thu Aug 6, 5:42AM CDT

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

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Exxon Mobil (XOM)

Citi analyst Alastair Syme maintained a Hold rating on Exxon Mobil today and set a price target of $155.00. The company’s shares closed last Tuesday at $153.96.

According to TipRanks.com, Syme is ranked #837 out of 12430 analysts.

Currently, the analyst consensus on Exxon Mobil is a Moderate Buy with an average price target of $165.61, representing a 9.2% upside. In a report issued on July 23, Piper Sandler also initiated coverage with a Hold rating on the stock with a $158.00 price target.

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Marathon Petroleum (MPC)

Citi analyst Vikram Bagri maintained a Hold rating on Marathon Petroleum today and set a price target of $318.00. The company’s shares closed last Tuesday at $312.61.

According to TipRanks.com, Bagri has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -18.8% and a 37.5% success rate. Bagri covers the NA sector, focusing on stocks such as Centrus Energy, Valero Energy, and Phillips 66. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marathon Petroleum with a $306.47 average price target, a -0.8% downside from current levels. In a report issued on July 21, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $336.00 price target.

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