Brokerages Set Imperial Metals Price Target at $15.06 Imperial Metals (TSE:III) has been given an average rating of “Hold” by the eight brokerages that are covering the stock, Stock Ratings Network reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$15.06.
Shares of Imperial Metals (TSE:III) opened at 9.64 on Thursday. Imperial Metals has a 52 week low of $7.30 and a 52 week high of $18.63. The stock’s 50-day moving average is $8.99 and its 200-day moving average is $10.61. The company’s market cap is $722.7 million.
A number of analysts have recently weighed in on III shares. Analysts at Scotiabank raised their price target on shares of Imperial Metals from C$9.50 to C$10.00 in a research note on Tuesday, November 18th. They now have a “sector perform” rating on the stock. Analysts at Canaccord Genuity raised their price target on shares of Imperial Metals from C$10.50 to C$11.50 in a research note on Tuesday, November 18th. They now have a “speculative buy” rating on the stock.
Imperial Metals Corporation is engaged in the exploration, development and production of base and precious metals from its mineral properties.