Shares of Imperial Oil Limited (NASDAQ:IMO) have been given a consensus broker rating score of 3.46 (Hold) from the thirteen brokers that provide coverage for the stock, Zacks Investment Research reports. Four analysts have rated the stock with a strong sell recommendation, eight have issued a hold recommendation and one has assigned a strong buy recommendation to the company.
Analysts have set a 1-year consensus target price of $31.59 for the company and are anticipating that the company will post $0.63 EPS for the current quarter, according to Zacks. Zacks has also assigned Imperial Oil an industry rank of 108 out of 256 based on the ratings given to related companies.
Separately, BidaskClub lowered shares of Imperial Oil from a “hold” rating to a “sell” rating in a report on Saturday.
Shares of Imperial Oil stock traded down $0.02 during mid-day trading on Monday, hitting $24.94. 26,395 shares of the stock were exchanged, compared to its average volume of 321,976. Imperial Oil has a twelve month low of $24.29 and a twelve month high of $34.56. The stock has a 50-day moving average of $27.40.
Imperial Oil Company Profile
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, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.
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