RBC Capital Maintains Sector Perform on Imperial Oil, Raises Price Target to C$85
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy has maintained a 'Sector Perform' rating on Imperial Oil and raised the price target from C$80 to C$85.
November 07, 2023 | 6:00 pm
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Imperial Oil's price target has been raised from C$80 to C$85 by RBC Capital, maintaining a 'Sector Perform' rating.
The news of RBC Capital raising the price target for Imperial Oil from C$80 to C$85 while maintaining a 'Sector Perform' rating is likely to have a positive impact on the company's stock in the short term. This is because a higher price target often indicates the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100