International Petroleum Co. (TSE:IPCO – Get Free Report)’s stock price shot up 1.5% during trading on Thursday . The company traded as high as C$16.95 and last traded at C$16.79. 61,813 shares were traded during trading, a decline of 2% from the average session volume of 62,780 shares. The stock had previously closed at C$16.55.
Analyst Upgrades and Downgrades
Several analysts have weighed in on the stock. BMO Capital Markets set a C$22.00 price objective on shares of International Petroleum and gave the stock a “market perform” rating in a research note on Thursday, August 22nd. Scotiabank boosted their price target on International Petroleum from C$20.00 to C$21.00 in a research note on Friday, July 12th. Finally, ATB Capital raised their price objective on International Petroleum from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 31st.
Get Our Latest Stock Analysis on International Petroleum
International Petroleum Price Performance
International Petroleum Company Profile
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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