Imperial Oil Limited (TSE:IMO - Get Free Report) NYSEMKT: IMO passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$98.72 and traded as high as C$99.30. Imperial Oil shares last traded at C$98.84, with a volume of 437,679 shares trading hands.
Analysts Set New Price Targets
IMO has been the topic of several research reports. CIBC increased their target price on Imperial Oil from C$105.00 to C$108.00 in a research note on Friday, January 17th. Raymond James increased their price target on shares of Imperial Oil from C$101.50 to C$104.00 in a research report on Friday, December 13th. National Bankshares upped their target price on shares of Imperial Oil from C$109.00 to C$110.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 30th. Wolfe Research lowered shares of Imperial Oil from a "strong-buy" rating to a "hold" rating in a report on Friday, January 3rd. Finally, TD Securities boosted their price target on shares of Imperial Oil from C$94.00 to C$97.00 and gave the stock a "hold" rating in a research note on Friday, February 21st. Nine research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Imperial Oil presently has a consensus rating of "Hold" and a consensus target price of C$105.67.
View Our Latest Stock Report on IMO
Imperial Oil Trading Up 0.2 %
The firm has a market capitalization of C$53.35 billion, a PE ratio of 10.98, a PEG ratio of 0.21 and a beta of 1.78. The company has a debt-to-equity ratio of 18.04, a quick ratio of 0.98 and a current ratio of 1.44. The company's 50-day moving average price is C$98.63 and its 200-day moving average price is C$98.70.
Imperial Oil Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.72 per share. The ex-dividend date is Wednesday, March 5th. This represents a $2.88 dividend on an annualized basis and a yield of 2.82%. This is a boost from Imperial Oil's previous quarterly dividend of $0.60. Imperial Oil's dividend payout ratio (DPR) is presently 25.78%.
Imperial Oil Company Profile
(
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Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves.
Further Reading
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