Imperial Oil (IMO) Stock Rating Lowered by BidaskClub
Imperial Oil (NASDAQ:IMO) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.
Separately, AltaCorp Capital lowered shares of Imperial Oil from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 7th.
IMO opened at $26.87 on Tuesday. Imperial Oil has a fifty-two week low of $24.29 and a fifty-two week high of $34.56.
Imperial Oil Company Profile
Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. As of December 31, 2017, this segment had 450 million oil-equivalent barrels of proved undeveloped reserves.
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