CIBC raises target for Imperial Oil stock to CAD 160.00

Published on 10/15/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Imperial Oil stock costs EUR 115.10 on October 15, 2026. Q2 net income reached CAD 2.19 billion versus CAD 949 million a year earlier.

Targets and earnings shape the debate

CIBC lifted its Imperial Oil target to CAD 160.00 from CAD 150.00 on October 9, 2026.
Second-quarter 2026 net income reached CAD 2.19 billion versus CAD 949 million a year earlier.
Imperial Oil stock trades at EUR 115.10 at 10:16 a.m. CEST at Lang & Schwarz on October 15, 2026.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (CA4530384086) stock is priced at EUR 115.10 at Lang & Schwarz on October 15, 2026, while a recent analyst target points to a more cautious valuation. On October 9, 2026, CIBC raised its target for Imperial Oil to CAD 160.00 from CAD 150.00 but kept an Underperformer rating, according to Markets Insider.

Targets rise as earnings strengthen

Imperial Oil's second-quarter 2026 net income was CAD 2.19 billion, up from CAD 949 million in the second quarter of 2025. Revenue reached CAD 16.06 billion versus CAD 11.21 billion a year earlier, according to Markets Insider.

Three events set the timeline

On July 31, 2026, Imperial Oil reported second-quarter net income of CAD 2.19 billion and operating cash flow above CAD 2.7 billion, as described in the Yahoo Finance transcript. On October 8, 2026, Zacks Research upgraded the stock from Hold to Strong Buy, according to MarketBeat.

On October 9, 2026, CIBC raised its target from CAD 150.00 to CAD 160.00. On October 13, 2026, RBC Capital analyst Gregory Pardy maintained a Sell rating and set a CAD 133.00 target, according to Markets Insider.

What does the target split mean?

The CAD 27.00 gap between the CIBC and RBC targets shows how differently analysts view the earnings improvement and the sensitivity of an integrated energy company to commodity prices. Imperial Oil's second-quarter upstream earnings reached CAD 1.299 billion, while downstream earnings were CAD 787 million, according to the earnings-call transcript.

Next reporting date

Imperial Oil is scheduled to report third-quarter 2026 results on October 30, 2026, before the market opens, according to Gekko.

Stock indication remains central

The company combines upstream production, refining and chemicals, giving quarterly margins and cash generation a central role in the valuation debate. Its investor-relations page identifies Imperial Oil as an issuer listed on both the TSX and NYSE and reports 414,000 gross barrels of oil equivalent per day in upstream production for the second quarter of 2026, according to Imperial Oil.

Imperial Oil stock was trading at EUR 115.10 at Lang & Schwarz on October 15, 2026 at 10:16 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.