Imperial Oil (TSE: IMO) (NYSEMKT: IMO)Tudor Pickering stock has had its “hold” rating reaffirmed by Tudor Pickering stock analysts in a research report released Monday, reports Stock Target Advisor. They currently have a price target of C $ 50.00 on the stock. Tudor Pickering’s price target would suggest a potential rise of 17.98% from the current share price.
Several other analysts have also recently commented on IMO. Credit Suisse Group reiterated a “neutral” rating and issued a price target of C $ 48.00 for Imperial Oil shares in a research report on Monday. TD Securities raised its price target for Imperial Oil from C $ 44.00 to C $ 46.00 and assigned a “hold” rating to the stock in a report released on Friday, November 5th. Goldman Sachs Group raised its price target for Imperial Oil from C $ 42.00 to C $ 47.00 and rated the stock “neutral” in a research report published on Tuesday, October 19. ATB Capital raised its target price on Imperial Oil from C $ 45.00 to C $ 48.00 in a report released on Tuesday, November 23. Finally, Citigroup increased its price target on Imperial Oil from C $ 38.00 to C $ 47.00 in a report released on Wednesday, October 20. Thirteen equity research analysts rated the stock with a conservation rating and two issued a buy rating for the stock. According to data from MarketBeat.com, Imperial Oil has an average hold rating and a consensus target price of C $ 46.26.
Imperial Oil shares traded down C $ 0.03 during trading hours on Monday, reaching C $ 42.38. The company traded 434,638 shares, compared to its average volume of 1,450,659. The company’s 50-day moving average is C $ 42.83 and its two-hundred-day moving average is CA $ 38.63. Imperial Oil has a 12-month low of C $ 23.31 and a 12-month high of C $ 45.49. The company has a debt to equity ratio of 25.74, a current ratio of 1.33, and a quick ratio of 0.97. The company has a market capitalization of 29.48 billion Canadian dollars and a P / E ratio of 59.11.
Imperial Oil (TSE: IMO) (NYSEMKT: IMO) last released its results on Friday, October 29. The company reported EPS of C $ 1.29 for the quarter, missing Zacks’ consensus estimate of C $ 1.30 of C $ 0.01. The company posted sales of C $ 10.23 billion in the quarter, compared to analysts’ estimates of C $ 11.17 billion. Analysts on the seller’s side expect Imperial Oil to post 5.48,0001 EPS for the current year.
Profile of the Imperial Oil Company
Imperial Oil Limited explores, produces and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream and Chemicals. The Upstream segment explores and produces crude oil, natural gas, synthetic oil and bitumen. As of December 31, 2020, this segment had 138 million barrels of oil equivalent of proven undeveloped reserves.
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