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Shares of Imperial Oil Ltd (TSE:IMO) (NYSEMKT:IMO) have been given an average recommendation of “Hold” by the sixteen ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$47.29. A number of analysts have recently issued reports on the stock. National Bank Financial raised their target price on shares of Imperial Oil from C$40.00 to C$45.00 and gave the stock a “c$43.73” rating in a research note on Wednesday, July 18th. Goldman Sachs Group cut their target price on shares of Imperial Oil from C$43.00 to C$41.00 in a research note on Friday, September 7th. Barclays upgraded shares of Imperial Oil from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from C$52.00 to C$54.00 in a research note on Monday. BMO Capital Markets restated a “market perform” rating and set a C$48.00 target price on shares of Imperial Oil in a research note on […]
