Other research analysts have also issued reports about the stock. National Bank Financial raised their price target on shares of Imperial Oil from C$45.00 to C$46.00 and gave the company a sector perform rating in a research report on Thursday, October 18th. Canaccord Genuity raised their price target on shares of Imperial Oil from C$52.00 to C$54.00 in a research report on Wednesday, October 24th. Barclays dropped their price target on shares of Imperial Oil from C$54.00 to C$46.00 in a research report on Thursday, January 10th. Goldman Sachs Group raised shares of Imperial Oil from a sell rating to a buy rating in a research report on Friday, October 19th. Finally, CSFB reissued an underperform rating and set a C$38.00 price target on shares of Imperial Oil in a research report on Monday, January 28th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. Imperial Oil currently has an average rating of Hold and an average target price of C$42.07.
IMO opened at C$35.98 on Monday. The company has a debt-to-equity ratio of 21.64, a quick ratio of 0.81 and a current ratio of 1.20. Imperial Oil has a fifty-two week low of C$33.43 and a fifty-two week high of C$44.91. The stock has a market cap of $28.64 billion and a P/E ratio of 12.58.
About Imperial Oil
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.
Read More: Capital Gains
Receive News & Ratings for Imperial Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Oil and related companies with MarketBeat.com's FREE daily email newsletter.