Imperial Oil Ltd (IMO:CA) (IMO)
On April 15, 2025, CIBC World Markets issued a research report and maintained their “Outperform” rating on Imperial Oil Ltd, with a 12 month price target of CAD 108. This target implies a significant upside potential of approximately 25% from the last closing price of CAD 86.29.
While CIBC remains bullish, the broader analyst consensus is more cautious. Based on forecasts from 10 analysts, the average 12-month target price for Imperial Oil sits at CAD 99.50, indicating a more modest upside. Moreover, the average analyst rating is “Hold”, suggesting a neutral stance among the majority of brokerage firms.
Despite this, Stock Target Advisor maintains a “Slightly Bullish” outlook on the Imperial Oil’s stock, highlighting 10 positive technical and fundamental signals versus 7 negative ones.
Recent Price Performance:
-
Past Week: -1.79%
-
Past Month: -11.44%
-
Past Year: -8.77%
These recent declines reflect sector-wide volatility and concerns around oil prices and production margins. However, long-term optimism like CIBC’s is rooted in the company’s strong operational efficiency, dividend stability, and leverage to oil price recovery.
Bottom Line:
While the stock has underperformed recently, CIBC’s bullish stance and a price target well above the consensus suggest they see strong potential catalysts ahead, possibly including cost efficiencies, asset optimization, or favorable commodity price trends. Investors may want to balance this optimistic target against the more cautious tone of the broader market consensus.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
