RBC raises Imperial Oil stock target from CAD 123.00 to CAD 133.00

Published on 10/20/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Imperial Oil posted CAD 2.19 billion in second-quarter net income. Imperial Oil stock costs EUR 121.33 at Lang & Schwarz on October 20, 2026.

Targets and reporting dates

RBC lifted its Imperial Oil target from CAD 123.00 to CAD 133.00 on October 13, 2026.
Second-quarter net income reached CAD 2.19 billion on July 31, 2026.
Imperial Oil stock trades at EUR 121.33 at 10:45 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter results are scheduled for October 30, 2026.

IMO, CA4530384086, Illustration mit AI erstellt.

Imperial Oil (CA4530384086) stock is trading at EUR 121.33 at Lang & Schwarz on October 20, 2026, while RBC raised its target from CAD 123.00 to CAD 133.00 on October 13, 2026. The change kept RBC's Underperform rating, making valuation the key issue ahead of the next results.

RBC lifts target to CAD 133

As MarketScreener reported on October 13, 2026, RBC moved its Imperial Oil target from CAD 123.00 to CAD 133.00 and retained an Underperform view. The target change is a concrete counterweight to the company's strong second-quarter operating numbers.

Imperial Oil's investor-relations page identifies the company as Imperial Oil Limited and lists IMO on the TSX and NYSE. It reported CAD 2.19 billion of net income for the second quarter of 2026, alongside upstream production of 414,000 gross barrels of oil equivalent per day and refinery throughput of 331,000 barrels per day, according to the Imperial Oil investor-relations page.

What comes before October 30?

The stock's chronology has three important markers. On July 31, 2026, Imperial Oil reported CAD 2.19 billion in second-quarter net income. On October 1, 2026, its declared third-quarter dividend of CAD 0.87 per share was payable to eligible shareholders, as reported by MarketScreener. On October 13, 2026, RBC lifted its target to CAD 133.00.

Next dates carry the catalyst

MarketBeat lists October 30, 2026, as Imperial Oil's next quarterly reporting date. The annual 2026 results are listed for January 29, 2027, by MarketWatch.

Price stays tied to the next report

RBC's CAD 133.00 target sits below the Canadian share price cited by several market pages, leaving the October 30 results as the next major test of earnings power. Imperial Oil's Q2 production and net income figures provide the operating backdrop, while the target change shows that analysts remain selective about the valuation.

Imperial Oil was trading at EUR 121.33 at Lang & Schwarz on October 20, 2026, at 10:45 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Imperial Oil stock.