Imperial Oil (IMO) Stock Forecast & Price Target

C$88.61 -1.39 (-1.54%)

(As of 12/20/2024 05:17 PM ET)

Imperial Oil - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 10 Analyst Ratings

Sell
0

Hold
9

Buy
1

Based on 10 Wall Street analysts who have issued ratings for Imperial Oil in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 9 have given a hold rating, and 1 has given a strong buy rating for IMO.

Consensus Price Target

C$103.90
17.26% Upside

According to the 10 analysts' twelve-month price targets for Imperial Oil, the average price target is C$103.90. The highest price target for IMO is C$120.00, while the lowest price target for IMO is C$90.00. The average price target represents a forecasted upside of 17.26% from the current price of C$88.61.

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IMO Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	4 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$103.90	C$101.23	C$99.69	C$85.87
Forecasted Upside	17.26% Upside	-6.30% Downside	4.97% Upside	14.40% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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IMO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IMO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Imperial Oil Stock vs. The Competition

Type	Imperial Oil	Energy Companies
Consensus Rating Score	2.20	2.81
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Negative News See Recent IMO News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/13/2024	Raymond James 4 of 5 stars		Boost Target		C$101.50 ➝ C$104.00	+7.72%
12/13/2024	TD Securities 4 of 5 stars		Boost Target	Hold	C$93.00 ➝ C$96.00	-0.57%
11/13/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target		C$97.00 ➝ C$100.00	-1.47%
11/6/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$99.00 ➝ C$101.00	+1.00%
10/4/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$115.00 ➝ C$120.00	+14.47%
9/27/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$115.00 ➝ C$112.00	+18.36%
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9/25/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Bouvier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform	C$110.00	+16.33%
7/23/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$92.00 ➝ C$101.00	+5.51%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/22/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	C$90.00 ➝ C$105.00	+8.49%
3/20/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$85.00 ➝ C$90.00	-0.59%
11/29/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$78.00 ➝ C$80.00	+1.96%
11/8/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	C$86.00	+15.36%
10/12/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$82.00 ➝ C$111.00	+35.45%
7/12/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	C$80.00	+23.82%
5/1/2023	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy
2/3/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$80.00 ➝ C$76.00	+13.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:18 AM ET.

Should I Buy Imperial Oil Stock? IMO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Imperial Oil pros and cons to contact@marketbeat.com.

Imperial Oil
Bull Case

Here are some ways that investors could benefit from investing in Imperial Oil Limited:

Imperial Oil Limited has a strong consensus rating of "Hold" from analysts, indicating a stable outlook for the stock, which can provide a sense of security for investors.
The company recently declared a quarterly dividend of $0.60 per share, translating to an annualized dividend of $2.40 and a yield of approximately 2.30%. This consistent dividend payout can attract income-focused investors.
As of the latest trading session, the stock price is C$104.53, which is close to its 52-week high of C$108.89, suggesting strong market performance and potential for further appreciation.
Imperial Oil Limited has a low debt-to-equity ratio of 18.27, indicating a strong balance sheet and lower financial risk, which is appealing for risk-averse investors.
Recent price target upgrades from various brokerages, including BMO Capital Markets raising their target from C$115.00 to C$120.00, reflect positive sentiment and growth expectations for the company.

Imperial Oil
Bear Case

Investors should be bearish about investing in Imperial Oil Limited for these reasons:

Despite the positive outlook, nine analysts have rated the stock with a hold rating, suggesting that there may not be significant upside potential in the near term.
The stock has experienced fluctuations, with a 12-month low of C$72.03, indicating potential volatility that could deter risk-averse investors.
Imperial Oil Limited's price-to-earnings (P/E) ratio of 10.96, while relatively low, may suggest that the stock is undervalued, but it could also indicate limited growth prospects compared to higher-growth companies.
The company's beta of 1.78 indicates higher volatility compared to the market, which could lead to larger price swings and increased risk for investors.
Recent price target reductions, such as National Bankshares lowering their target from C$115.00 to C$112.00, may signal caution among analysts regarding the stock's future performance.

IMO Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Imperial Oil is C$103.90, with a high forecast of C$120.00 and a low forecast of C$90.00.
: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last twelve months. There are currently 9 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMO, but not buy additional shares or sell existing shares.
: According to analysts, Imperial Oil's stock has a predicted upside of 17.26% based on their 12-month stock forecasts.
: Over the previous 90 days, Imperial Oil's stock had 1 downgrade by analysts.
: Imperial Oil has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., National Bankshares, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Imperial Oil less than other "energy" companies. The consensus rating for Imperial Oil is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how IMO compares to other companies.

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This page (TSE:IMO) was last updated on 12/22/2024 by MarketBeat.com Staff

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Imperial Oil (IMO) Stock Forecast & Price Target