Stifel Nicolaus Boosts International Petroleum (TSE:IPCO) Price Target to C$17.00

International Petroleum (TSE:IPCOGet Rating) had its target price boosted by Stifel Nicolaus from C$13.50 to C$17.00 in a report published on Wednesday morning, BayStreet.CA reports.

Separately, Scotiabank increased their price target on shares of International Petroleum from C$10.00 to C$12.00 in a research note on Tuesday, March 8th.

TSE:IPCO opened at C$13.15 on Wednesday. The stock has a market capitalization of C$1.99 billion and a PE ratio of 11.15. International Petroleum has a 1-year low of C$4.46 and a 1-year high of C$13.35. The firm has a fifty day simple moving average of C$11.43 and a 200 day simple moving average of C$8.91. The company has a current ratio of 1.59, a quick ratio of 1.30 and a debt-to-equity ratio of 13.30.

About International Petroleum (Get Rating)

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas assets in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is headquartered in Vancouver, Canada.

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