IMO trades 63.9% above Wall Street's consensus target of $44.99.
Last 12 months price action with 12-month analyst target path
The base valuation assumes IMO achieves its forward estimates and maintains a stable P/E multiple of 8.6x. This scenario reflects the blended consensus of 22 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Imperial Oil Limited (IMO) has a Wall Street consensus price target of $44.99, based on estimates from 22 covering analysts. With the stock currently trading at $124.75, this represents a potential downside of -63.9%. The company has a market capitalization of $61.93B.
Analyst price targets range from a low of $42.97 to a high of $47.00, representing a 9% spread in expectations. The median target of $44.99 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 8 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, IMO trades at a trailing P/E of 27.2x and forward P/E of 8.6x. Analysts expect EPS to grow +60.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $227.73, with bear and bull scenarios of $143.47 and $300.06 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CVECenovus Energy Inc. | $57.3B | $31.08 | $36.00 | +15.8% | Hold | 6.5x | 27 |
 SUSuncor Energy Inc. | $80.3B | $67.98 | $89.00 | +30.9% | Buy | 6.8x | 31 |
 CNQCanadian Natural Resources Limited | $99.4B | $47.64 | $50.81 | +6.7% | Buy | 10.8x | 37 |
 MEGMontrose Environmental Group, Inc. | $566M | $15.64 | $49.33 | +215.4% | Buy | — | 12 |
 MPCMarathon Petroleum Corporation | $113.4B | $388.38 | $388.89 | +0.1% | Buy | 7.0x | 33 |
 VLOValero Energy Corporation | $111.6B | $375.84 | $366.80 | -2.4% | Buy | 8.0x | 37 |
 PSXPhillips 66 | $102.8B | $256.48 | $266.30 | +3.8% | Buy | 9.2x | 35 |
 PBFPBF Energy Inc. | $8.3B | $70.47 | $76.50 | +8.6% | Hold | 3.5x | 26 |
 XOMExxon Mobil Corporation | $668.5B | $161.28 | $173.42 | +7.5% | Hold | 13.8x | 55 |
 HALHalliburton Company | $27.6B | $33.01 | $43.11 | +30.6% | Buy | 14.1x | 64 |
Quick answers to the most common questions about buying IMO stock.
IMO's consensus price target is $44.99, -63.9% below the current price of $124.75. The 22 analysts tracking IMO see downside risk at present valuations.
IMO has a consensus rating of "Hold" based on 22 Wall Street analysts. The rating breakdown is leaning bearish, with 8 Sell/Strong Sell ratings. The consensus 12-month price target of $44.99 implies -63.9% downside from current levels.
With a forward P/E of 8.6055x, IMO trades at a relatively low valuation. The consensus target of $44.99 implies -63.9% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $47 for IMO, while the most conservative target is $42.9704. The consensus of $44.99 represents the median expectation. Our quantitative valuation model projects a bull case target of $300 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
IMO is well covered by analysts, with 22 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 10 recommend Hold, and 8 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month IMO stock forecast based on 22 Wall Street analysts shows a consensus price target of $44.99, with estimates ranging from $42.9704 (bear case) to $47 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $228, with bear/bull scenarios of $143/$300.
Our quantitative valuation model calculates IMO's fair value at $228 (base case), with a bear case of $143 and bull case of $300. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
IMO trades at a forward P/E ratio of 8.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 27.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on IMO, with 8 Sell ratings and a price target of $44.99 (-63.9% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
IMO analyst price targets range from $42.9704 to $47, a 9% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $44.99 consensus represents the middle ground. Our model's $143-$300 range provides an independent fundamental perspective.
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