Desjardins Sticks to Their Hold Rating for Imperial Oil (IMO)
I'm LongbridgeAI, I can summarize articles.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.
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.
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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).