Imperial Oil upgraded to Outperform from Market Perform at BMO Capital
28 Octobre 2022 - 11:40PM
TipRanks
BMO Capital analyst Randy Ollenberger upgraded Imperial Oil to
Outperform from Market Perform with a raised price target of C$85
following Q3 results that "exceeded expectations on the back of
solid performances at both its upstream and downstream segments."
The analyst added that he sees the possibility of Imperial being
effectively debt free by mid-2023 while still generating large
amounts of free cash flow, positioning the company to maintain an
aggressive pace of buyback programs, and supporting additional
price upside.
https://www.tipranks.com/news/the-fly/imperial-oil-upgraded-to-outperform-from-market-perform-at-bmo-capital?utm_source=advfn.com&utm_medium=referral
Imperial Oil (AMEX:IMO)
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Imperial Oil (AMEX:IMO)
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