Imperial Oil (IMO) Gets a Sell Rating from Raymond James


Imperial Oil (IMO), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Chris Cox from Raymond James reiterated a Sell rating, with a C$37 price target.

According to TipRanks.com, Cox is a 2-star analyst with an average return of 0.1% and a 50.0% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.

Imperial Oil has an analyst consensus of Hold, with a price target consensus of C$40.55.

The company has a one-year high of C$44.91 and a one-year low of C$33.52. Currently, Imperial Oil has an average volume of 906.2K.

Imperial Oil Ltd. engages in the provision of integrated oil business. It operates through the following business segments: Upstream, Downstream, Chemical, and Corporate and Other. The Upstream segment includes the exploration and production of crude oil, natural gas, synthetic oil, and bitumen.

The company’s shares closed on Monday at C$39.04.

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