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Stock impact report

Analysts Trim Price Targets on Imperial Oil (IMO) [Yahoo! Finance]

Imperial Oil Limited (IMO) 
NASDAQ:AMEX Investor Relations: imperialoil.ca/en-ca/company/investors
Company Research Source: Yahoo! Finance
Imperial Oil Limited (NYSEAMERICAN:IMO) produces high-quality fuels, lubricants, and chemical products marketed under the Esso and Mobil brands. On December 16, TD Securities slightly lowered its price target on Imperial Oil Limited (NYSEAMERICAN:IMO) from C$107 to C$106, but maintained a ‘Sell' rating on the shares. IMO received a blow also earlier on December 15 when BMO Capital downgraded the stock from ‘Outperform' to ‘Market Perform', with its price target trimmed from C$132 to C$129. According to the analyst, while Imperial boasts one of the strongest financial positions, it offers limited short-term upside potential, and several industry peers offer more attractive relative value to investors. The cautious analyst outlook comes despite Imperial Oil Limited (NYSEAMERICAN:IMO) announcing plans to increase its FY 2026 capital spending on December 15. While many oil companies have been tightening spending amid a slump in oil prices, Imperial is targeting C$2 billion-C$2.2 bill Show less Read more
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