Credit Suisse (SIX:CSGN) analyst Manav Gupta maintained a Hold rating on Imperial Oil (NYSE:IMO) on Monday, setting a price target of C$39, which is approximately 30.56% above the present share price of $23.84.
Gupta expects Imperial Oil to post earnings per share (EPS) of -$1.56 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Imperial Oil, with an average price target of $26.77.
The analysts price targets range from a high of $31.13 to a low of $23.14.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $5.57 billion and a net profit of -$1.43 billion. The company's market cap is $17.5 billion.
According to TipRanks.com, Credit Suisse analyst Manav Gupta is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.9% and a 55.26% success rate.
Imperial Oil Ltd. engages in the provision of integrated oil business. It operates through the following business segments: Upstream, Downstream, Chemical and Corporate and Other. The Upstream segment includes the exploration and production of crude oil, natural gas, synthetic oil, and bitumen. The Downstream segment focuses on refining crude oil into petroleum products. The Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products. The Corporate and Other segment covers assets and liabilities that do not specifically relate to business segments. The company was founded on September 8, 1880 and is headquartered in Calgary, Canada.