Analyst Activity – Royal Bank of Canada Lowers Its Price Target On Imperial Oil Ltd (TSE:IMO) to C$47.00

Analyst Ratings For Imperial Oil Ltd (TSE:IMO)

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Today, Royal Bank of Canada lowered its price target on Imperial Oil Ltd (TSE:IMO) to C$47.00 per share.

There are 1 sell rating, 6 hold ratings, 3 buy ratings on the stock.

The current consensus rating on Imperial Oil Ltd (TSE:IMO) is Hold (Score: 2.20) with a consensus target price of C$46.25 per share, a potential .

Some recent analyst ratings include

  • 5/1/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 5/1/2017-BMO Capital Markets Reiterated Rating of Market Perform.
  • 4/5/2017-Goldman Sachs Group Inc was Downgraded by analysts at Goldman Sachs Group Inc from a “Neutral ” rating to a ” Sell” rating.
  • 3/9/2017-Canaccord Genuity Reiterated Rating of Hold.

    About Imperial Oil Ltd (TSE:IMO)
    Imperial Oil Limited is an integrated oil company. The Company is engaged in all the phases of the petroleum industry in Canada, including exploration for, and production and sale of, crude oil and natural gas. Its operations are conducted in three segments: Upstream, Downstream and Chemical. The Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen. It holds an interest in the Kearl oil sands project. The Downstream operations consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products. The Chemical operations consist of the manufacturing and marketing of various petrochemicals. The Company is involved in the exploration for and development of crude oil and natural gas in Canada. The Company transports its crude oil production and third-party crude oil required to supply refineries by contracted pipelines, common carrier pipelines and rail.

    Recent Trading Activity for Imperial Oil Ltd (TSE:IMO)
    Shares of Imperial Oil Ltd closed the previous trading session at 39.34 up +0.31 0.79% with 631,600 shares trading hands.

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