Imperial Oil (IMO) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Imperial Oil (TSE: IMO) recently:

• 4/16/2026 – Imperial Oil had its price target raised by TD from C$110.00 to C$157.00. They now have a “sell” rating on the stock.
• 4/8/2026 – Imperial Oil had its price target raised by Royal Bank Of Canada from C$116.00 to C$124.00. They now have an “underperform” rating on the stock.
• 4/8/2026 – Imperial Oil had its price target raised by JPMorgan Chase & Co. from C$108.00 to C$155.00.
• 3/31/2026 – Imperial Oil had its price target raised by National Bank Financial from C$139.00 to C$212.00. They now have a “sector perform” rating on the stock.
• 3/30/2026 – Imperial Oil had its price target raised by Raymond James Financial, Inc. from C$107.00 to C$126.00.
• 3/16/2026 – Imperial Oil had its price target raised by UBS Group AG from C$155.00 to C$185.00.
• 2/23/2026 – Imperial Oil had its price target raised by TD Securities from C$101.00 to C$110.00. They now have a “sell” rating on the stock.
• 2/23/2026 – Imperial Oil was downgraded by Royal Bank Of Canada from “sector perform” to “underperform”. They now have a C$116.00 price target on the stock.
• 2/20/2026 – Imperial Oil had its price target raised by Desjardins from C$120.00 to C$132.00. They now have a “sell” rating on the stock.

Imperial Oil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, April 1st were given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Thursday, March 5th. This is a positive change from Imperial Oil’s previous quarterly dividend of $0.72. Imperial Oil’s payout ratio is 44.44%.

Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d.