BidaskClub cut shares of Imperial Oil (NASDAQ:IMO) from a hold rating to a sell rating in a research report report published on Saturday morning, BidAskClub reports.
Shares of IMO opened at $24.96 on Friday. Imperial Oil has a 12-month low of $24.29 and a 12-month high of $34.56. The firm has a 50-day moving average price of $27.16.
About Imperial Oil
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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