Scotiabank Upgrades International Petroleum (TSE:IPC) to “Strong-Buy”

International Petroleum (TSE:IPCGet Free Report) was upgraded by equities researchers at Scotiabank from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. BMO Capital Markets raised shares of International Petroleum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. National Bank Financial raised shares of International Petroleum to a “hold” rating in a report on Sunday, May 3rd. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

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