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ExxonMobil (NYSE:XOM) Trading Down 1% Following Analyst Downgrade
['Shane Hupp']
Ticker Report
Shares of ExxonMobil Corporation (NYSE:XOM – Get Free Report) traded down 1% on Tuesday after Bank of America downgraded the stock from a buy rating to a neutral rating.
Bank of America Corp DE raised its stake in shares of ExxonMobil by 2.0% during the 4th quarter.
ExxonMobil Stock PerformanceThe stock has a market capitalization of $635.01 billion, a PE ratio of 25.83, a P/E/G ratio of 0.64 and a beta of 0.17.
The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18.
ExxonMobil Company Profile(Get Free Report)ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals.