Imperial Metals Now Covered by Analysts at BMO Capital Markets (III)
Equities researchers at BMO Capital Markets started coverage on shares of Imperial Metals (TSE:III) in a research report issued on Wednesday, AR Network reports. The firm set an “outperform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Pi Financial upgraded shares of Imperial Metals (TSE:III) from a “neutral” rating to a “buy” rating in a research note to investors on Friday, August 23rd. They now have a C$14.20 price target on the stock, up previously from C$12.20. Separately, analysts at M Partners raised their price target on shares of Imperial Metals (TSE:III) from C$13.50 to C$14.25 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Imperial Metals (TSE:III) from C$14.00 to C$15.00 in a research note to investors on Friday, August 16th. They now have a “buy” rating on the stock.
One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of C$16.49.
Imperial Metals (TSE:III) traded up 3.39% on Wednesday, hitting $12.19. The stock had a trading volume of 31,573 shares. Imperial Metals has a 1-year low of $10.01 and a 1-year high of $14.95. The stock has a 50-day moving average of $11.22 and a 200-day moving average of $11.83. The company has a market cap of $908.2 million and a P/E ratio of 25.63.
Imperial Metals Corporation is engaged in the exploration, development and production of base and precious metals from its mineral properties.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.