---
title: "Desjardins Sticks to Their Hold Rating for Imperial Oil (IMO)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293089936.md"
description: "Desjardins maintained a Hold rating on Imperial Oil (IMO) with a C$160 price target, despite shares closing at C$171.89. Scotiabank also issued a Hold rating, while J.P. Morgan previously maintained a Sell rating. Additionally, TipRanks launched the RANK ETF on the NYSE, tracking its US Momentum Analysts Index of 50 large U.S. companies."
datetime: "2026-07-18T05:45:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293089936.md)
  - [en](https://longbridge.com/en/news/293089936.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293089936.md)
---

# Desjardins Sticks to Their Hold Rating for Imperial Oil (IMO)

Desjardins analyst maintained a Hold rating on Imperial Oil yesterday and set a price target of C$160.00. The company’s shares closed yesterday at C$171.89.

### TipRanks Welcomes a New ETF – NYSE:RANK

-   TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
-   RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

In addition to Desjardins, Imperial Oil also received a Hold from Scotiabank’s Kevin Fisk in a report issued yesterday. However, on July 16, J.P. Morgan maintained a Sell rating on Imperial Oil (NYSE MKT: IMO).

### Related Stocks

- [IMO.US](https://longbridge.com/en/quote/IMO.US.md)
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## Related News & Research

- [Imperial Oil (NYSEAMERICAN:IMO) Releases Quarterly Earnings Results, Beats Expectations By $0.91 EPS](https://longbridge.com/en/news/294556830.md)
- [Imperial Oil Says Continued Construction Of The Enhanced Bitumen Recovery Technology (Ebrt) Pilot With Start-Up Anticipated By 2027 - Conf Call](https://longbridge.com/en/news/294534191.md)
- [Imperial Oil appoints ExxonMobil executive Steven Abrahams to board](https://longbridge.com/en/news/294512614.md)
- [Imperial declares third quarter 2026 dividend | IMO Stock News](https://longbridge.com/en/news/294509414.md)
- [Canada's ARC Resources Q2 production rises on completion of turnaround activity across the asset base](https://longbridge.com/en/news/294419422.md)