Scotiabank raised the firm’s price target on Imperial Oil (IMO) to C$130 from C$110 and keeps a Sector Perform rating on the shares.
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Read More on IMO:
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 1
- Imperial Oil price target raised to C$110 from C$101 at TD Securities
- Imperial Oil downgraded to Underperform from Sector Perform at RBC Capital
- Sell Rating Maintained on Valuation Stretch and Conservative Oil Assumptions Despite Higher Target Price
- Imperial Oil boosts first-quarter 2026 dividend payout