Imperial Oil Limited (IMO)
NYSEAMERICAN: IMO · Real-Time Price · USD
61.73
-0.78 (-1.25%)
Dec 20, 2024, 4:00 PM EST - Market closed
Imperial Oil Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Imperial Oil stock has a target of 110, which predicts an increase of 78.20% from the current stock price of 61.73.
Analyst Consensus: Buy
* Price targets were last updated on Sep 25, 2024.
Analyst Ratings
The average analyst rating for Imperial Oil stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy → Hold Downgrades $110 | Buy → Hold | Downgrades | $110 | +78.20% | Sep 25, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $111 → $110 | Buy | Maintains | $111 → $110 | +78.20% | Jul 12, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $93 → $95 | Sell | Maintains | $93 → $95 | +53.90% | Nov 2, 2023 |
| CIBC | CIBC | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | +23.12% | Aug 29, 2023 |
Financial Forecast
Revenue This Year
53.94B
from 50.70B
Increased by 6.39%
Revenue Next Year
56.50B
from 53.94B
Increased by 4.74%
EPS This Year
8.64
from 8.49
Increased by 1.74%
EPS Next Year
7.98
from 8.64
Decreased by -7.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 64.1B | 74.5B | 82.2B | ||
| Avg | 53.9B | 56.5B | 59.4B | ||
| Low | 43.9B | 34.3B | 34.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.4% | 38.2% | 45.5% | ||
| Avg | 6.4% | 4.7% | 5.1% | ||
| Low | -13.5% | -36.5% | -38.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.59 | 10.09 | 12.36 | |||
| Avg | 8.64 | 7.98 | 8.87 | |||
| Low | 6.72 | 4.90 | 5.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.9% | 16.8% | 54.9% | |||
| Avg | 1.7% | -7.6% | 11.2% | |||
| Low | -20.8% | -43.3% | -30.7% |
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.