AltaCorp Captial Reiterates a Hold Rating on Imperial Oil (IMO)


Imperial Oil (TSX: IMO), the Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Nick Lupick from AltaCorp Captial remains neutral on the stock and has a C$43 price target.

Lupick has an average return of 0.0% when recommending Imperial Oil.

According to TipRanks.com, Lupick is ranked #1833 out of 4873 analysts.

Currently, the analyst consensus on Imperial Oil is a Hold with an average price target of C$46.11.

The company has a one-year high of C$44.91 and a one-year low of C$33.43. Currently, Imperial Oil has an average volume of 943.5K.

Imperial Oil Ltd. engages in the provision of integrated oil business. It operates through the following segment: Upstream, Downstream, and Chemical. The Upstream segment includes the exploration and production of crude oil and its equivalent, and natural gas. The Downstream segment operations consists of the refining of crude oil into petroleum products.

The company’s shares closed on Wednesday at C$40.35.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts