Imperial Oil (TSE:IMO - Get Free Report) NYSEMKT: IMO had its price target hoisted by National Bankshares from C$90.00 to C$120.00 in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. National Bankshares' price target points to a potential upside of 25.48% from the stock's previous close.
IMO has been the topic of several other reports. Desjardins upped their target price on shares of Imperial Oil from C$86.00 to C$88.00 and gave the company a "hold" rating in a research report on Friday, March 22nd. Royal Bank of Canada upped their target price on shares of Imperial Oil from C$85.00 to C$100.00 in a research report on Tuesday, April 9th. BMO Capital Markets upped their target price on shares of Imperial Oil from C$95.00 to C$115.00 in a research report on Thursday, March 28th. CIBC upped their price target on shares of Imperial Oil from C$85.00 to C$90.00 and gave the company a "neutral" rating in a report on Friday, March 22nd. Finally, TD Securities downgraded shares of Imperial Oil from a "buy" rating to a "hold" rating and upped their price target for the company from C$87.00 to C$88.00 in a report on Thursday, February 29th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$94.23.
Check Out Our Latest Stock Analysis on Imperial Oil
Imperial Oil Price Performance
IMO stock traded up C$1.12 during mid-day trading on Friday, hitting C$95.63. The company had a trading volume of 564,487 shares, compared to its average volume of 892,999. The company has a market capitalization of C$51.24 billion, a price-to-earnings ratio of 11.28, a P/E/G ratio of 0.21 and a beta of 1.84. Imperial Oil has a 12-month low of C$60.19 and a 12-month high of C$101.63. The company has a quick ratio of 0.98, a current ratio of 1.26 and a debt-to-equity ratio of 19.49. The company has a 50-day moving average price of C$89.59 and a 200 day moving average price of C$81.87.
Imperial Oil (TSE:IMO - Get Free Report) NYSEMKT: IMO last announced its earnings results on Friday, February 2nd. The company reported C$2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of C$2.08 by C$0.39. The firm had revenue of C$13.11 billion for the quarter, compared to analysts' expectations of C$16.57 billion. Imperial Oil had a net margin of 9.64% and a return on equity of 21.91%. On average, research analysts anticipate that Imperial Oil will post 8.4369527 earnings per share for the current year.
Imperial Oil Company Profile
(
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Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.
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