Analysts Offer Insights on Materials Companies: Imperial Oil Limited (IMO), Gibson Energy Inc (GBNXF) and Barrick Gold (ABX)


Analysts fell to the sidelines weighing in on Imperial Oil Limited (IMO), Gibson Energy Inc (GBNXF) and Barrick Gold (ABX) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Imperial Oil Limited (IMO)

In a report released today, Randy Ollenberger from BMO Capital maintained a Hold rating on Imperial Oil Limited. The company’s shares opened today at $32.49.

According to TipRanks.com, Ollenberger is a 1-star analyst with an average return of -0.6% and a 45.3% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Birchcliff Energy Ltd, Baytex Energy Corp, and Encana Corp.

The the analyst consensus on Imperial Oil Limited is currently a Hold rating.

See today’s analyst top recommended stocks >>

Gibson Energy Inc (GBNXF)

RBC Capital analyst Robert Kwan maintained a Hold rating on Gibson Energy Inc today. The company’s shares closed yesterday at $17.50, close to its 52-week high of $17.75.

According to TipRanks.com, Kwan is ranked #197 out of 4918 analysts.

The the analyst consensus on Gibson Energy Inc is currently a Moderate Buy rating.

Barrick Gold (ABX)

Canaccord Genuity analyst Carey MacRury maintained a Hold rating on Barrick Gold today. The company’s shares opened today at $13.

According to TipRanks.com, MacRury is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -13.9% and a 12.7% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Teranga Gold Corporation.

Currently, the analyst consensus on Barrick Gold is a Moderate Buy with an average price target of $14.60, a 12.3% upside from current levels. In a report issued on October 29, UBS also maintained a Hold rating on the stock with a $14.50 price target.

.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts