Did Barclays recommend buying Exxon Mobil stock?

Barclays reiterated a positive rating on the stock but did not specify a buy recommendation or price target.

Why is Exxon Mobil considered a low cost stock?

Exxon Mobil trades at low earnings multiples relative to other sectors, making it attractive for value investors.

Exxon Mobil Among Best Low Cost Stocks to Buy Now

Q: What are the risks facing Exxon Mobil stock?

The stock is sensitive to oil price volatility and regulatory changes in the energy sector.

Exxon Mobil (NYSE:XOM) has been named among the best low cost stocks to buy according to hedge funds. Mizuho Securities reiterated a Hold rating and raised the price target from $159 to $175, while Barclays reiterated its positive view.

June 4, 2026

2 min read

Source: Insider Monkey

Key Numbers

previous price target

159

new price target

175

Exxon Mobil Corporation (NYSE:XOM) has been listed among the best low cost stocks to buy according to hedge funds, as reported by Insider Monkey. Wall Street maintains a bullish outlook on the stock.

Rating Change

Mizuho Securities: On May 27, reiterated a Hold rating and raised the price target from $159 to $175.
Barclays: On May 26, reiterated a positive rating without specifying a price target.

Analyst Rationale

The source did not provide detailed reasoning for the price target hike, but the upward revision suggests confidence in the company's future performance, likely supported by a favorable oil price environment.

Context

Exxon Mobil is one of the world's largest integrated energy companies, known for strong cash flows and stable dividends. The stock trades at relatively low earnings multiples compared to tech stocks, making it attractive for value investors.

Conclusion

The repeated Hold ratings and price target increase reflect analysts' confidence in Exxon Mobil's stability and return potential. However, the stock remains sensitive to oil price volatility and regulatory changes in the energy sector.

Frequently Asked Questions

Mizuho Securities raised its price target for Exxon Mobil from $159 to $175 with a Hold rating.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.