CIBC raises target for Imperial Oil stock to CAD 160.00

Published on 10/13/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are scheduled for October 30, 2026 before the open. Imperial Oil stock costs EUR 113.73 during intraday trading on October 13, 2026.

CIBC target and reporting date

CIBC lifted its Imperial Oil target from CAD 150.00 to CAD 160.00 on October 9, 2026.
Imperial Oil is scheduled to report third-quarter 2026 results on October 30, 2026.
Imperial Oil stock costs EUR 113.73 at Lang & Schwarz on October 13, 2026 at 5:03 p.m. CEST.
Imperial Oil trades at a 20.21 P/E ratio, while its market capitalization is USD 62.4 billion.

IMO, CA4530384086, Illustration mit AI erstellt.

On October 9, 2026, CIBC raised its Imperial Oil price target from CAD 150.00 to CAD 160.00 while keeping an Underperformer rating, as Markets Insider reported. At Lang & Schwarz on October 13, 2026 at 5:03 p.m. CEST, Imperial Oil was trading at EUR 113.73.

Target reaches CAD 160.00

The CIBC move leaves the target below the latest Canadian market reference cited in the report, keeping the bank's Underperformer stance alongside a higher valuation threshold. The adjustment is one of several recent target changes listed for Imperial Oil, including higher targets from Raymond James, UBS and Morgan Stanley in the same October 9 report.

Cash flow topped CAD 2.7 billion

Imperial Oil generated CAD 2.7 billion in cash flow from operating activities in the second quarter of 2026, according to the company's earnings call transcript published by Yahoo Finance. Net income reached CAD 2.19 billion, up CAD 1.24 billion from the second quarter of 2025, while adjusted cash flow excluding working capital was CAD 2.52 billion.

Marketscreener reported that revenue reached CAD 28.5 billion in the first half of 2026, up 20.0 percent from the first half of 2025. Net profit rose to CAD 3.1 billion from CAD 2.2 billion, a 39.9 percent increase on the same basis.

Stock remains inside its range

Imperial Oil's latest USD 62.4 billion market capitalization and 20.21 P/E ratio place the company within a 52-week price range of USD 83.27 to USD 139.44 as of October 13, 2026. The current euro quotation is a separate German-market view and is not converted against that Canadian issuer range.

Results date is October 30

According to MarketWatch, Imperial Oil is due to report third-quarter 2026 earnings on October 30, 2026, before the open. The same page lists 20 analyst ratings, an average target of USD 114.00 and an Underweight consensus.

Integrated energy valuation

Imperial Oil operates across upstream, downstream and chemical activities, with the investor-relations page identifying IMO as its TSX and NYSE symbol. The company's second-quarter cash generation and the October reporting date give investors two concrete reference points alongside the CIBC target revision.