Scotia Capital disclosed Imperial Oil (TSE:IMO), boosting its price target to $45.00 earlier today
- Updated: September 22, 2016
Having a price of $40.13, Imperial Oil (TSE:IMO) traded 2.40% higher on the day. With the last stock price down -2.39% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. IMO has recorded a 50-day average of $40.22 and a two hundred day average of $41.15. Trade Volume was up over the average, with 1,207,232 shares of IMO changing hands over the typical 503,594
Reporting as potential upside of 0.12%, Scotia Capital upped the price target of Imperial Oil (TSE:IMO) to $45.00
On 09/12/2016, Imperial Oil Ltd released a statement about Imperial Oil (TSE:IMO) upped the target price from $43.00 to $45.00 that suggested an upside of 0.13%.
Recent Performance Chart
Imperial Oil has PE ratio of 114.77 with a one year low of $37.25 and a one year high of $46.27 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update on Imperial Oil. zero brokerages rating the company a strong buy, three brokerages rating the company a buy, ten brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $34.36.
General Company Details For Imperial Oil (TSE:IMO)
Imperial Oil Ltd is a Canada-based integrated oil company. The Company is engaged in the exploration for, and production and sale of, crude oil and natural gas. The Company's operations are conducted in three segments: Upstream, Downstream and Chemical. Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen. Downstream operations consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products. Chemical operations consist of the manufacturing and marketing of various petrochemicals. The Company holds an interest in the Kearl oil sands project, a joint venture with ExxonMobil Canada Properties. The Kearl project recovers shallow deposits of oil sands using open-pit mining methods. The Company transports its crude oil production and third-party crude oil required to supply refineries by contracted pipelines, common carrier pipelines and rail.
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