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CIBC Remains a Sell on Imperial Oil Limited (IMO)


According to The Fly, cIBC analyst Jon Morrison maintained a Sell rating on Imperial Oil Limited (IMO) today. The company’s shares opened today at $32.49.

According to TipRanks.com, Morrison is ranked 0 out of 5 stars with an average return of -15.4% and a 33.3% success rate. Morrison covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, Cenovus Energy Inc, and Precision Drilling.

Imperial Oil Limited has an analyst consensus of Hold.

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Imperial Oil Limited’s market cap is currently $25.13B and has a P/E ratio of 24.97. The company has a Price to Book ratio of 1.35.

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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.