Imperial Oil Ltd (TSE:IMO) (NYSEMKT:IMO) has been given a consensus rating of “Hold” by the fifteen analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$43.82.

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reduced their price objective on shares of Imperial Oil from C$41.00 to C$40.00 and set a “sector perform” rating for the company in a report on Friday, August 4th. TD Securities reduced their price objective on shares of Imperial Oil from C$44.00 to C$43.00 and set a “hold” rating for the company in a report on Thursday, August 3rd. National Bank Financial reduced their price objective on shares of Imperial Oil from C$40.00 to C$36.00 in a report on Thursday, August 3rd. CIBC downgraded shares of Imperial Oil from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from C$50.00 to C$45.00 in a report on Wednesday, May 24th. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a C$49.00 price objective on shares of Imperial Oil in a report on Monday, May 1st.

Shares of Imperial Oil (TSE:IMO) traded down 0.08% during mid-day trading on Tuesday, hitting $36.10. 73,331 shares of the company traded hands. Imperial Oil has a 52-week low of $35.15 and a 52-week high of $48.72. The firm has a market cap of $30.48 billion and a price-to-earnings ratio of 11.35. The firm has a 50-day moving average price of $37.03 and a 200 day moving average price of $39.61.

In other Imperial Oil news, insider Jonathan Wetmore sold 5,282 shares of the company’s stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of C$36.68, for a total value of C$193,743.76.

ILLEGAL ACTIVITY WARNING: This news story was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/08/15/imperial-oil-ltd-imo-given-consensus-recommendation-of-hold-by-analysts.html.

About Imperial Oil

Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2016, the Upstream segment had 319 million oil-equivalent barrels of proved undeveloped reserves.

Analyst Recommendations for Imperial Oil (TSE:IMO)

Receive News & Ratings for Imperial Oil Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Oil Ltd and related companies with MarketBeat.com's FREE daily email newsletter.