Story perspectives

Exxon Mobil Stock: Mixed Ratings, Price Target Downgrade

2/1/2025

36 8

Summary

Exxon Mobil Ratings Shift

Exxon Mobil (XOM) faced mixed analyst ratings; BNP Paribas downgraded to "underperform" with a $105 target, while Bank of America rated it "neutral" at $124.
The stock price fell to $106.82, reflecting a market cap of $469.48 billion and a P/E ratio of 13.30.
Analysts hold a "Moderate Buy" consensus, with an average price target of $129.30.

Summary

Investors Adjust Exxon

Mattern Wealth Management reduced its Exxon Mobil shares by 13.9%, now holding 23,017 shares valued at $2.48 million.
Prospect Financial Services decreased its stake by 9.8%, with 25,834 shares worth $2.78 million.
Court Place Advisors cut its position by 14.0%, owning 35,897 shares valued at $3.86 million.
FMR LLC and Geode Capital Management slightly increased their stakes by 0.3% and 1.8%.
Institutional investors now hold 61.80% of Exxon Mobil's stock.

History

Historical Context

Exxon Mobil's current mixed analyst ratings echo the volatility of the oil market seen during the 1980s oil crisis. Back then, fluctuating prices and investor skepticism led to similar downgrades. Today's challenges stem from ongoing climate concerns, reflecting a shift in investor priorities from fossil fuels to sustainable practices.

1 of 3

Exxon Mobil Ratings Shift

Exxon Mobil (XOM) faced mixed analyst ratings; BNP Paribas downgraded to "underperform" with a $105 target, while Bank of America rated it "neutral" at $124.
The stock price fell to $106.82, reflecting a market cap of $469.48 billion and a P/E ratio of 13.30.
Analysts hold a "Moderate Buy" consensus, with an average price target of $129.30.

1 / 3