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Imperial Oil (IMO) Stock Forecast & Price Target

Imperial Oil logo
$61.73 -0.78 (-1.25%)
(As of 12/20/2024 05:31 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

Sell
1
Hold
2
Buy
1

Based on 4 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 4 analysts, 1 has given a sell rating, 2 have given a hold rating, and 1 has given a buy rating for IMO.

Consensus Price Target

$109.00
76.58% Upside
According to the 4 analysts' twelve-month price targets for Imperial Oil, the average price target is $109.00. The highest price target for IMO is $110.00, while the lowest price target for IMO is $108.00. The average price target represents a forecasted upside of 76.58% from the current price of $61.73.
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IMO Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$109.00$109.00$99.50$85.33
Forecasted Upside76.58% Upside44.62% Upside43.68% Upside52.51% Upside
Consensus Rating
Hold
Hold
Hold
Hold

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.
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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.
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Imperial Oil Stock vs. The Competition

TypeImperial OilOils/Energy CompaniesS&P 500
Consensus Rating Score
2.00
2.63
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside76.58% Upside1,671.86% Upside14.54% Upside
News Sentiment Rating
Neutral News

See Recent IMO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeNeutral ➝ Underweight
9/25/2024Scotiabank
5 of 5 stars
J. Bouvier
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Reiterated RatingSector Outperform ➝ Sector Perform$110.00 ➝ $110.00+55.85%
7/18/2024Wolfe Research
3 of 5 stars
D. Leggate
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Initiated CoverageOutperform$108.00+52.78%
5/28/2024Raymond James
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J. Mccrea
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UpgradeHold
11/8/2023The Goldman Sachs Group
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 DowngradeBuy ➝ Neutral
11/7/2023Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$80.00 ➝ $85.00+50.79%
8/29/2023CIBC
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 Boost TargetNeutral ➝ Neutral$75.00 ➝ $76.00+36.05%
7/12/2023UBS Group
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 Initiated CoverageBuy
1/11/2023National Bank Financial
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 Boost TargetC$80.00 ➝ C$85.00
12/21/2022TD Securities
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 Lower TargetC$82.00 ➝ C$81.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:50 PM 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 Friday, December 13, 2024. Please send any questions or comments about these Imperial Oil pros and cons to contact@marketbeat.com.

Imperial Oil
Bull Case

green Wall Street bull icon

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

  • Recent significant increases in institutional ownership, with Cerity Partners LLC boosting its stake by 95.5% and Intech Investment Management LLC by 96.6%, indicating strong confidence from major investors.
  • The current stock price of $73.92 reflects a solid position within the market, especially considering its 12-month high of $80.17, suggesting potential for growth.
  • Imperial Oil Limited has a low debt-to-equity ratio of 0.17, which indicates a strong balance sheet and lower financial risk, making it a more stable investment option.
  • Analysts have a consensus rating of "Hold" with a target price of $109.00, suggesting that the stock is expected to perform well in the near future.
  • The company has shown resilience with a price-to-earnings ratio of 11.02, which is relatively low, indicating that the stock may be undervalued compared to its earnings potential.

Imperial Oil
Bear Case

red Wall Street bear icon

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

  • Despite recent gains, the stock has experienced volatility, with a 52-week low of $52.97, which may raise concerns about its stability in the market.
  • Analysts have downgraded the stock from a "buy" to a "hold" rating, indicating that there may be limited upside potential in the short term.
  • The company operates in the energy sector, which can be subject to fluctuations in oil prices and regulatory changes, adding an element of risk to investments.
  • With 20.74% of the stock owned by hedge funds and institutional investors, there may be less room for retail investors to influence stock performance.
  • The trading volume has been lower than average, which can indicate reduced investor interest and may lead to increased volatility in the stock price.

IMO Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Imperial Oil is $109.00, with a high forecast of $110.00 and a low forecast of $108.00.

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Imperial Oil in the last twelve months. There is currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 76.58% 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 JPMorgan Chase & Co., and Scotiabank in the past 90 days.

Analysts like Imperial Oil less than other "oils/energy" companies. The consensus rating for Imperial Oil is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how IMO compares to other companies.


This page (NYSEAMERICAN:IMO) was last updated on 12/21/2024 by MarketBeat.com Staff
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