Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Energy Companies: Permian Resources (PR) and Imperial Oil (IMO)

Tipranks - Tue Mar 17, 7:34PM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Permian Resources (PRResearch Report) and Imperial Oil (IMOResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

Imperial Oil (IMO)

UBS analyst Manav Gupta maintained a Buy rating on Imperial Oil yesterday and set a price target of C$185.00. The company’s shares closed last Monday at $123.30.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 17.4% and a 70.1% success rate. Gupta covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Marathon Petroleum, and Energy Transfer. ;'>

Imperial Oil has an analyst consensus of Moderate Sell, with a price target consensus of $89.16, representing a -26.3% downside. In a report issued on March 1, TipRanks – OpenAI also reiterated a Buy rating on the stock with a C$177.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.