RBC Capital Maintains Sector Perform on Imperial Oil, Raises Price Target to C$77
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Greg Pardy maintains a 'Sector Perform' rating on Imperial Oil (TSX:IMO) and raises the price target from C$75 to C$77.
August 04, 2023 | 1:31 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on Imperial Oil and raises the price target from C$75 to C$77.
The news is directly related to Imperial Oil. The 'Sector Perform' rating indicates that the analyst expects the company's stock to perform in line with the sector average. The increase in price target from C$75 to C$77 suggests a positive outlook, but it's not a significant increase, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100