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Imperial Oil Limited (NYSE:IMO) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the stock, American Banking News reports. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $51.75.

Imperial Oil Limited (NYSE:IMO) opened at 53.07 on Tuesday. Imperial Oil Limited has a 1-year low of $40.19 and a 1-year high of $54.09. The stock’s 50-day moving average is $52.51 and its 200-day moving average is $47.41. The company has a market cap of $44.982 billion and a price-to-earnings ratio of 16.56. Imperial Oil Limited also was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 7,080,529 shares, an increase of 3.0% from the June 30th total of 6,871,507 shares. Based on an average daily trading volume, of 211,536 shares, the days-to-cover ratio is currently 33.5 days. Currently, 2.7% of the company’s shares are sold short.

Imperial Oil Limited (NYSE:IMO) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.06 by $0.03. On average, analysts predict that Imperial Oil Limited will post $4.27 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on IMO shares. Analysts at Canaccord Genuity downgraded shares of Imperial Oil Limited from a “hold” rating to a “sell” rating in a research note on Tuesday. Analysts at BMO Capital Markets downgraded shares of Imperial Oil Limited from an “outperform” rating to an “underperform” rating in a research note on Friday, May 2nd.

Imperial Oil Limited (NYSE:IMO) is an integrated oil company.

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