Is Imperial Oil Limited (AMEX:IMO) Now Worth Your Time and Dime After a Recent Macquarie Upgrade?

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Imperial Oil Limited (AMEX:IMO) Stock Upgrade

In a research report shared with investors this morning, Macquarie raised their rating on shares of Imperial Oil Limited (AMEX:IMO) to a “Hold”

Imperial Oil Limited (NYSEAMERICAN:IMO) Ratings Coverage

Among 3 analysts covering Imperial Oil Limited Common Stock (AMEX:IMO), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Imperial Oil Limited Common Stock had 4 analyst reports since July 11, 2018 according to SRatingsIntel. The stock of Imperial Oil Limited (NYSEAMERICAN:IMO) earned “Neutral” rating by Macquarie Research on Wednesday, November 28. As per Monday, November 12, the company rating was upgraded by Barclays Capital. The stock of Imperial Oil Limited (NYSEAMERICAN:IMO) has “Buy” rating given on Tuesday, October 16 by Canaccord Genuity. Barclays Capital upgraded Imperial Oil Limited (NYSEAMERICAN:IMO) on Wednesday, July 11 to “Equal-Weight” rating.

The stock decreased 1.90% or $0.58 during the last trading session, reaching $29.84. About 663,243 shares traded or 106.27% up from the average. Imperial Oil Limited (AMEX:IMO) has declined 5.20% since December 2, 2017 and is downtrending. It has underperformed by 20.82% the S&P500.

Imperial Oil Limited explores for, produces, and sells natural gas and crude oil in Canada. The company has market cap of $23.76 billion. The firm operates through three divisions: Upstream, Downstream, and Chemical. It has a 24.62 P/E ratio. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen.

More notable recent Imperial Oil Limited (NYSEAMERICAN:IMO) news were published by: Marketwatch.com which released: “How to own a triple-A portfolio – MarketWatch” on November 17, 2011, also Stockhouse.com with their article: “Clean Harbors Announces Third-Quarter 2018 Financial Results – Stockhouse” published on November 01, 2018, Prnewswire.com published: “LiqTech Signs Framework Agreement With Marine Scrubber Manufacturer – PR Newswire” on March 21, 2018. More interesting news about Imperial Oil Limited (NYSEAMERICAN:IMO) were released by: Stockhouse.com and their article: “Former Canaccord broker Nicola More sanctioned by IIROC, agrees to pay $35000 – Stockhouse” published on June 24, 2014 as well as Stockhouse.com‘s news article titled: “Chinese government scrambles to stem its market blood flow – Stockhouse” with publication date: July 08, 2015.

Imperial Oil Limited (NYSEAMERICAN:IMO) Ratings Chart

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