Zacks Investment Research upgraded shares of IMPERIAL OIL LT (IMO) from NEUTRAL to OUTPERFORM on November 30, 2012, with a target price of $47.70.
Imperial Oil is Canada's largest integrated petroleum company. Its operations, conducted under the ""Esso"" banner, are concentrated in the exploration and production of oil and natural gas, refining and marketing petroleum products, and in the manufacture and sale of petrochemicals. The company has approximately 7,500 employees in two operating divisions.
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