- Exxon Mobil is negotiating the sale of its Singapore fuel stations, valued at approximately $1 billion.
- Analysts predict an average price target for Exxon Mobil, signaling a potential 14.02% upside.
- While analysts rate Exxon Mobil as "Outperform," GuruFocus estimates suggest a possible 12.28% downside.
Exxon Mobil Corp. (XOM) has made headlines by considering the sale of its 58 petrol stations in Singapore, a move anticipated to fetch around $1 billion. This strategic decision aligns with Exxon Mobil's broader objective of withdrawing from the local retail fuel market. Notably, WendellandCarolynAster Chemicals and Energy is emerging as a significant contender in this bidding process, which is expected to culminate in formal offers by May.
Wall Street Analysts' Outlook
Current forecasts from 25 Wall Street analysts set the average one-year price target for Exxon Mobil at $123.86. This projection spans a high of $144.00 and a low of $93.00, suggesting a potential upside of 14.02% from the present price of $108.63. For investors seeking further insight, additional detailed estimates can be accessed on the Exxon Mobil Corp (XOM, Financial) Forecast page.
Analyst Ratings and Recommendations
A consensus derived from 28 brokerage firms places Exxon Mobil at an average recommendation rating of 2.3, translating to an "Outperform" status. This rating falls within a scale where 1 represents a Strong Buy and 5 indicates a Sell.
GF Value Estimate
According to GuruFocus estimates, Exxon Mobil's GF Value in one year is projected to be $95.29. This estimate suggests a potential downside of 12.28% from the current price of $108.63. The GF Value reflects GuruFocus' fair value assessment, derived from historical stock multiples, previous business growth, and forecasts of future business performance. Investors can find more comprehensive data on the Exxon Mobil Corp (XOM, Financial) Summary page.
