International Petroleum (OTCMKTS:IPCFF) PT Raised to SEK 160 at Barclays

International Petroleum (OTCMKTS:IPCFFGet Rating) had its target price upped by equities researchers at Barclays from SEK 145 to SEK 160 in a report issued on Thursday, The Fly reports. The firm currently has an “overweight” rating on the stock.

Other equities research analysts have also issued reports about the stock. Scotiabank increased their target price on shares of International Petroleum from C$12.00 to C$14.00 in a research note on Monday, April 18th. Stifel Nicolaus increased their target price on shares of International Petroleum from C$13.50 to C$17.00 in a research note on Wednesday, May 4th.

IPCFF traded down $0.36 during midday trading on Thursday, hitting $9.72. 612 shares of the company were exchanged, compared to its average volume of 7,339. The company’s 50 day simple moving average is $9.40 and its 200 day simple moving average is $7.27. International Petroleum has a 1-year low of $4.00 and a 1-year high of $10.82.

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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