International Petroleum (TSE:IPCO - Get Free Report) had its price target reduced by stock analysts at BMO Capital Markets from C$22.00 to C$20.00 in a note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets' price objective indicates a potential upside of 13.83% from the company's current price.
IPCO has been the topic of several other reports. Scotiabank lifted their price target on International Petroleum from C$20.00 to C$21.00 in a research report on Friday, July 12th. ATB Capital raised their target price on International Petroleum from C$19.00 to C$21.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 31st.
Read Our Latest Analysis on International Petroleum
International Petroleum Price Performance
Shares of International Petroleum stock traded down C$0.12 on Friday, hitting C$17.57. The company had a trading volume of 65,367 shares, compared to its average volume of 65,279. International Petroleum has a 52 week low of C$11.94 and a 52 week high of C$20.59. The company has a debt-to-equity ratio of 43.56, a current ratio of 2.97 and a quick ratio of 3.93. The company has a market cap of C$2.12 billion, a PE ratio of 9.47 and a beta of 2.43. The business has a 50-day simple moving average of C$18.39 and a 200-day simple moving average of C$18.13.
About International Petroleum
(
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International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.
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