The Globe and Mail reports in its Friday, Aug. 4, edition that RBC Dominion Securities analyst Greg Pardy has reaffirmed his "sector perform" recommendation for Imperial Oil. The Globe's David Leeder writes in the Eye On Equities column that Mr. Pardy bumped his share target ahead by $2 to $77. Analysts on average target the shares at $78.41. Mr. Pardy says in a note, "Our constructive stance toward Imperial Oil reflects its long life-low decline upstream portfolio, cash flow diversification via its refining and chemical segments, strong balance sheet, free cash flow generation, abundant shareholder returns and solid operating performance in recent years." The Globe reported on March 22 that Scotia Capital analyst Jason Bouvier had upgraded Imperial Oil to "sector outperform" from "sector perform." The shares could then be had for $65.49. The Globe reported on April 13 that Mr. Pardy had lowered his recommendation for Imperial Oil to "sector perform" from "outperform." The shares could then be had for $74.22. The Globe reported on April 18 that ATB Capital Markets analyst Patrick O'Rourke had reaffirmed his "sector perform" call for Imperial Oil. The shares could then be had for $73.18.