Imperial Oil Limited (IMO) Announces Quarterly Earnings, Beats Expectations By $0.43 EPS
Imperial Oil Limited (TSE:IMO) announced its earnings results on Monday. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.43, Analyst RN reports.
A number of research firms have recently commented on IMO. Analysts at Barclays raised their price target on shares of Imperial Oil Limited to C$67.00 in a research note on Friday, July 25th. Analysts at CIBC raised their price target on shares of Imperial Oil Limited from C$59.00 to C$64.00 in a research note on Thursday, July 17th. They now have a “sector perform” rating on the stock. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of C$54.00.
Shares of Imperial Oil Limited (TSE:IMO) opened at 56.82 on Monday. Imperial Oil Limited has a one year low of $43.19 and a one year high of $57.85. The stock has a 50-day moving average of $56.10 and a 200-day moving average of $53.12. The company has a market cap of $48.183 billion and a price-to-earnings ratio of 12.39.
Imperial Oil Limited (TSE:IMO) is an integrated oil company.
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