Imperial Oil price target raised to C$100 from C$85 at RBC Capital

RBC Capital raised the firm’s price target on Imperial Oil to C$100 from C$85 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Integrated Oil and Senior E&P. The firm has boosted its one-year target prices across the board driven by improving fundamentals, the analyst tells investors in a research note.