Desjardins analyst maintained a Hold rating on Imperial Oil yesterday and set a price target of C$160.00. The company’s shares closed yesterday at C$171.89.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
In addition to Desjardins, Imperial Oil also received a Hold from Scotiabank’s Kevin Fisk in a report issued yesterday. However, on July 16, J.P. Morgan maintained a Sell rating on Imperial Oil (NYSE MKT: IMO).
IMO market cap is currently C$81.41B and has a P/E ratio of 27.41.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IMO in relation to earlier this year.
