ATB Cormark keeps Hold on Imperial Oil stock at CAD 175.00 target

Published on 10/26/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ATB Cormark kept Hold and set a CAD 175.00 target on October 22, 2026. Imperial Oil stock costs EUR 118.90 on October 26, 2026 before third-quarter results on October 30.

Analyst target and reporting date

ATB Cormark maintained a Hold rating and set a CAD 175.00 target on October 22, 2026.
Imperial Oil reported CAD 2.19 billion in second-quarter net income, up from CAD 949 million a year earlier.
Imperial Oil stock was trading at EUR 118.90 at 11:38 a.m. CET at Lang & Schwarz on October 26, 2026.
The company had a CAD 91.3 billion market capitalization as of October 23, 2026.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (ISIN CA4530384086) was trading at EUR 118.90 at Lang & Schwarz on October 26, 2026 at 11:38 a.m. CET. ATB Cormark Capital Markets maintained a Hold rating and set a CAD 175.00 price target, as Markets Insider reported on October 22, 2026. The next earnings release is scheduled for October 30, 2026.

What changed in the analyst view?

ATB Cormark analyst Patrick O'Rourke set the CAD 175.00 target while retaining the Hold rating. The target sits below the CAD 188.72 Toronto closing price on October 23, 2026, a separate home-market reference that places the analyst view below the latest Canadian quotation.

Scotiabank had raised its target to CAD 183.00 from CAD 156.00 on October 20, 2026, while keeping a Sector Perform rating, according to ScanX. The different targets show that the recent analyst updates have not produced a uniform valuation view.

Three dated signals for Imperial Oil

Imperial Oil's recent operating record provides the earnings backdrop. On July 31, 2026, the company reported second-quarter net income of CAD 2.19 billion, compared with CAD 949 million in the second quarter of 2025, and diluted earnings per share of CAD 4.52 versus CAD 1.86, according to Business Wire. On October 20, Scotiabank lifted its target from CAD 156.00 to CAD 183.00. On October 22, ATB Cormark set CAD 175.00 and kept Hold.

The next two dates are fixed

Business Wire reported that Imperial Oil will release third-quarter results on October 30, 2026, followed by an earnings call at 9:00 a.m. MT. The call will be led by CEO John Whelan and investor-relations vice-president Peter Shaw.

The October 30 release is the next reporting date, and the October 30 webcast is the next investor event. Analysts cited by MarketBeat forecast third-quarter earnings of USD 3.43 per share and revenue of USD 12.29 billion.

Stock valuation has two sides

Imperial Oil combines strong second-quarter earnings with a divided analyst picture. The Toronto quotation reached CAD 192.40 as its one-year high and CAD 114.75 as its one-year low on the latest quote snapshot dated October 23, 2026. Its market capitalization was CAD 91.3 billion on that date.

The stock's investor calendar now offers a clear test: the October 30 results must show whether the second-quarter earnings strength carried into the third quarter. For German investors, the euro indication provides the immediate trading reference while the Canadian listing remains the primary market context.

Imperial Oil stock was trading at EUR 118.90 at Lang & Schwarz on October 26, 2026 at 11:38 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.