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Shares of Imperial Oil Limited ( TSE:IMO – Get Free Report ) (NYSEMKT:IMO) have been assigned an average rating of "Hold" from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$78.31. IMO has been the topic of several recent analyst reports. UBS Group set a C$80.00 target price on shares of Imperial Oil and gave the stock a "buy" rating in a research note on Wednesday, July 12th. Royal Bank of Canada cut their price target on shares of Imperial Oil from C$78.00 to C$75.00 in a report on Wednesday, July 12th. TD Securities reduced their price target on shares of Imperial Oil from C$83.00 to C$82.00 and set a "buy" rating on the stock in a research report on Thursday, May 4th. Veritas Investment Research reaffirmed a "buy" rating on shares of Imperial Oil in a research report on Monday, May 1st. Finally, ATB Capital boosted […]
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