A number of other brokerages have also recently weighed in on IMO. Royal Bank Of Canada restated a sector perform rating and issued a C$47.00 price target on shares of Imperial Oil Limited in a research report on Thursday, September 22nd. TD Securities dropped their price target on Imperial Oil Limited from C$49.00 to C$48.00 and set a buy rating for the company in a research report on Thursday, August 4th. Scotiabank restated a sector perform rating and issued a C$45.00 price target on shares of Imperial Oil Limited in a research report on Tuesday, August 2nd. JPMorgan Chase & Co. raised their price target on Imperial Oil Limited from C$43.00 to C$45.00 in a research report on Monday, September 12th. Finally, CSFB raised their price target on Imperial Oil Limited from C$46.00 to C$48.00 and gave the company a neutral rating in a research report on Tuesday, August 23rd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of C$45.31.
Imperial Oil Limited (TSE:IMO) opened at 39.33 on Thursday. Imperial Oil Limited has a 52-week low of $37.25 and a 52-week high of $46.27. The firm has a market cap of $33.34 billion and a PE ratio of 112.37. The firm has a 50-day moving average of $40.19 and a 200-day moving average of $41.00.
The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 1st. Shareholders of record on Friday, September 2nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, August 31st.
Imperial Oil Limited Company Profile
Imperial Oil Limited is an 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.
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