Imperial Oil Limited (IMO)
NYSEAMERICAN: IMO · IEX Real-Time Price · USD
68.71
+1.38 (2.05%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Imperial Oil Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Imperial Oil stock have an average target of 84.33, with a low estimate of 76 and a high estimate of 95. The average target predicts an increase of 22.73% from the current stock price of 68.71.

Analyst Consensus: Hold
Target Low Average Median High
Price $76 $84.33 $82 $95
Change +10.61% +22.73% +19.34% +38.26%
* Price targets were last updated on Nov 2, 2023.

Analyst Ratings

The average analyst rating for Imperial Oil stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 111111
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Sell
Maintains
$93$95
Sell Maintains $93$95 +38.26% Nov 2, 2023
CIBC
CIBC
Hold
Maintains
$75$76
Hold Maintains $75$76 +10.61% Aug 29, 2023
National Bank Financial Inc
National Bank Financial Inc
Hold
Maintains
$87$82
Hold Maintains $87$82 +19.34% Jul 17, 2023
National Bank Financial Inc
National Bank Financial Inc
Hold
Maintains
$88$87
Hold Maintains $88$87 +26.62% Jun 29, 2023
JP Morgan
JP Morgan
Sell
Downgrades
n/a
Sell Downgrades n/a n/a Dec 5, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
58.36B
from 50.97B
Increased by 14.50%
Revenue Next Year
61.63B
from 58.36B
Increased by 5.59%
EPS This Year
9.19
from 8.49
Increased by 8.27%
EPS Next Year
9.28
from 9.19
Increased by 0.92%
Year 201920202021202220232024202520262027
Revenue
34.10B22.39B37.59B59.67B50.97B58.36B61.63B48.88B-
Revenue Growth
-2.84%-34.35%67.90%58.74%-14.58%14.50%5.59%-20.69%-
EPS
2.88-2.533.4811.448.499.199.2810.5419.27
EPS Growth
0.70%--228.74%-25.79%8.27%0.92%13.67%82.71%
Forward PE
-----7.477.416.523.57
No. Analysts -----131352
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 69.7B 75.0B 74.6B
Avg 58.4B 61.6B 48.9B
Low 48.5B 49.0B 22.6B

Revenue Growth

Revenue Growth 202420252026
High
36.8%
28.5%
21.1%
Avg
14.5%
5.6%
-20.7%
Low
-4.8%
-16.0%
-63.3%

EPS Forecast

EPS 2024202520262027
High 10.77 14.83 16.70 20.03
Avg 9.19 9.28 10.54 19.27
Low 7.79 6.95 6.75 18.69

EPS Growth

EPS Growth 2024202520262027
High
26.9%
61.3%
80.0%
89.9%
Avg
8.3%
0.9%
13.7%
82.7%
Low
-8.2%
-24.4%
-27.2%
77.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.